BAE Systems awarded $198.42M Army contract modification

BAE Systems (BAESY) was awarded a $198.42M fixed-price-incentive modification to a contract for a revision to the Armored Multi-Purpose Vehicles, supporting the purchase of 240 vehicles to prevent a break in production. This modification brings the total cumulative face value of the contract to $2.48B. Work will be performed in York, Pennsylvania, with an estimated completion date of May 31, 2028. Fiscal 2026 procurement of weapons and tracked combat vehicles, Army funds in the amount of $198.42M were obligated at the time of the award. Army Contracting Command is the contracting activity.