Armor Holdings (AH) Awarded $112 Million Contract From U.S. Army
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Armor Holdings (NYSE: AH) announced the receipt of a new contract award for $112 million to provide the Improved Outer Tactical Vest to the U.S. Army. The Company stated that this new generation of vest was selected by the Army from competing designs and will become the standard for the integrated body armor ensemble. Work will be performed in 2007 and 2008 by the Armor Holdings Aerospace and Defense Group at its facilities located in Tennessee and Pennsylvania.
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