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Textron To Build 423 Armored Cars For U.S. Army

Tue, 05/11/2010 - 4:23am

NEW ORLEANS (AP) — Textron Marine & Land Systems has agreed to build another 423 armored security vehicles for the U.S. Army.

The Textron Inc. unit says the value of the contract is $461 million. The vehicles will be built at Textron's plant in New Orleans. The contract includes an option to buy up to 272 more vehicles at a price of up to $239 million.

The Army earlier purchased 256 of the vehicles from Textron.

The vehicles are in the ASV family, which are used in scouting, personnel transport, reconnaissance, convoy protection and perimeter security.

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