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TRUCKS SALES * Australia - BAE drives off deal for 3,000 trucks
BAE Systems is expected to announce today that it has won an order to deliver thousands of lorries to the Australian army in a deal worth about A$1.5bn (£650m)
Australia -The Telegraph (UK), by Russell Hotten -5 Oct 2007: -- The company's US operation, Armor Holdings, has beaten off competition from DaimlerChrysler, MAN, and General Dynamics to be named sole supplier of more than 3,000 medium and heavy trucks... BAE will see the contract as further justification for its $4bn (£2bn) acquisition of Armor, which cleared its regulatory hurdles in the US in July. Last month Armor won a $3.5bn contract to build 10,000 lorries for the US military... Although the lorries being supplied to Australia are not fighting vehicles, the army wanted vehicles with heavy armour plating. In Afghanistan and Iraq conventional trucks and those with "bolt on" armour have been targeted by terrorists, including vehicles used by Australian troops.
Labels: trucks sales
posted by Unknown @ 3:48 PM
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