BAE Systems gets $754M contract for armored multi-purpose vehicle program from US Army

BAE Programs (OTCPK:BAESY) on Thursday obtained a $754M contract award to proceed producing the Armored Multi-Goal Automobile (AMPV) household of automobiles (FoVs) for the U.S. Military.
This contract begins the second part of full-rate manufacturing of AMPVs between March 2026 and February 2027.
The multi-mission prepared AMPV FoV replaces automobiles from the Military’s Vietnam Struggle-era M113 household, modernizing the power and offering crucial survivability, mobility, and interoperability upgrades to the Armored Brigade Fight Staff, the corporate added.
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