More Army vehicles for troops, Textron wins $227.8M vehicle contract

WASHINGTON, Jan 22 (Reuters) - Textron (TXT.N: Quote, Profile, Research)…

WASHINGTON, Jan 22 (Reuters) – Textron (TXT.N: Quote, Profile, Research) was awarded a $227.8 million fixed-price U.S. Army contract for armored security vehicles, the Pentagon said on Tuesday.

The work will be performed in New Orleans and will be completed by June 30, 2009, the Defense Department said in its daily announcement of defense contract awards.

The Army uses the armored security vehicles for its military police, convoy protection and field artillery teams.

Textron has built more than 1,200 of the vehicles to date, mostly for the U.S. Army. Earlier this month, the company said it sold seven of the vehicles to Bulgaria’s defense ministry.

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