BAE Systems receives $91.4 million contract modification for M113 reset

ANNISTON, Ala., 19 Feb. 2008.BAE Systems won a $91.4 million contract modification from the U.S. Army TACOM Life Cycle Management Command to reset up to 1074 M113 Family of Vehicles. Under the reset program, the M113 vehicles will be brought back to combat-ready condition and gain add-on armor and nuclear, biological, and chemical protective equipment.

Work on the contract will be performed at BAE Systems' Anniston, Ala., facility and is expected to be completed by December 31, 2008. The modification, when combined with the previous contract awarded in June 2007 worth $18.77 million, brings the total value of the contract to $110.1 million.

The M113 family of vehicles is an integral component of the Army's Heavy Brigade Combat Team.