United Defense Awarded Contract Modifications for FCS Manned Ground Vehicle SDD Program Transition Effort
June 20 2005 - 5:05AM
Business Wire
United Defense Industries, Inc. (NYSE:UDI) has been awarded
contract modifications worth up to $471 million for the transition
effort for Manned Ground Vehicles for the U.S. Army's Future Combat
Systems. United Defense was awarded the modifications to its
previous Future Combat Systems (FCS) Manned Ground Vehicle (MGV)
contracts issued in 2003 by The Boeing Company, the FCS Lead
Systems Integrator (LSI) for the U.S. Army. "United Defense, as
part of the FCS One Team, is working to develop and field a family
of highly deployable Manned Ground Vehicles that will be key
supporting systems linked through the overarching network that will
enable the FCS-equipped Units of Action to effectively complete
their missions," said Raj Rajagopal, Vice President and FCS Program
Director for United Defense. These modifications augment the
original FCS MGV contracts awarded in December 2003 for the
development and demonstration of a family of MGVs for FCS. The
current modification extends the contract period of performance
from FY09 to FY12, and increases the total potential value to $2.57
billion. The current modifications call for a transition effort
intended to mitigate risk while accelerating the fielding of the
Non-Line-of-Sight Cannon (NLOS-C) increment 0 vehicles and
providing engineering support for the FCS Recovery and Maintenance
Vehicle (FRMV). Overall program prototype quantities have been
increased due to an additional quantity of Medical Vehicle (MV),
Non-Line-of-Sight Mortar and FRMV prototypes. United Defense is
scheduled to deliver an increment of NLOS-C prototypes by December
2008, and develop all MGV prototypes by mid-2010. This modification
calls for key technologies and selected component maturation to be
accelerated to enable the FCS program to spiral out mature
technologies for early deployment to the Current Force. Under the
FCS MGV contract, United Defense has responsibility for five MGV
variants: NLOS-C; Infantry Carrier Vehicle (ICV); Medical Vehicle
(MV); Non-Line of Sight Mortar (NLOS-M), and FRMV. NLOS-C has been
identified by the Army as critical and integral to the FCS-equipped
Units of Action. The highly successful NLOS-Cannon system
demonstrator has been undergoing successful live fire testing and
mobility testing at Yuma Proving Ground, and recently fired its
1,000th round. United Defense is teamed with General Dynamics to
lead the MGV development effort, and has formed integrated design
teams to develop and demonstrate a family of eight manned ground
vehicles featuring a common platform design with common components
and subsystems, with unique mission modules and all the variants
linked together by networked battle command. These new vehicles are
to be significantly smaller and lighter than the systems they
replace and are designed to fit inside a C-130 transport aircraft.
Within the common design team, United Defense has the lead for Crew
Stations, Propulsion, Armor, Survivability, Active Protection,
Countermeasures, Signature Management and Defensive Armament.
United Defense also leads the software architecture and development
environment across all elements of MGV design. About United Defense
United Defense designs, develops and produces combat vehicles,
artillery, naval guns, missile launchers and precision munitions
used by the U.S. Department of Defense and allies worldwide, and
provides non-nuclear ship repair, modernization and conversion to
the U.S. Navy and other U.S. Government agencies. To learn more
about United Defense, visit http://www.uniteddefense.com.
Forward-Looking Statements Information in this release may involve
guidance, expectations, beliefs, plans, intentions or strategies
regarding the future. These forward looking statements involve
risks and uncertainties. All forward looking statements included in
this release are based upon information available to United Defense
Industries, Inc., as of the date of the release, and we assume no
obligation to update any such forward looking statements. The
statements in this release are not guarantees of future performance
and actual results could differ materially from our current
expectations. Numerous factors could cause or contribute to such
differences. Please refer to the Company's Annual Report on Form
10-K for the year ended December 31, 2004, and in our other reports
filed from time to time with the Securities and Exchange Commission
for a further discussion of the factors and risks associated with
our business.
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