BAE Systems Receives $55.7 Million Orders from U.S. Army and DLA for Modular Lightweight Load Carrying Equipment

BAE Systems has secured two substantial orders from the U.S. Army and Defense Logistics Agency (DLA) for the production of Modular Lightweight Load Carrying Equipment (MOLLE) systems. The MOLLE system is a highly adaptable platform that enables soldiers to carry essential equipment and supplies, and its adjustable design allows it to be scaled for various operational environments. The orders are part of larger multi-year contracts awarded to BAE Systems in 2008, with significant portions of these contracts already obligated. Production for both orders will be completed at facilities across the United States, with deliveries scheduled to be completed by July 2009 and March 2010.

Key Takeaways:

• BAE Systems received two orders valued at $55.7 million from the U.S. Army and DLA for MOLLE Core Rifleman sets, Ruck sets, and components.
• The MOLLE system is the primary field equipment system for the U.S. Army, incorporating a load-bearing vest, pockets, backpacks, and a hydration system.
• The MOLLE system is highly adaptable, allowing it to be scaled for specific operational environments and enabling soldiers to carry critical equipment and supplies.
• The $35.7 million DLA order is part of a $374 million multi-year contract awarded to BAE Systems in June 2008, with approximately $128.4 million of that contract already obligated.
• The $20 million U.S. Army order is part of a $258.9 million contract awarded to BAE Systems in February 2008, with approximately $207.9 million of that contract already obligated.
• Production for both orders will be completed at facilities in Arizona, Kentucky, Pennsylvania, and Tennessee.
• Joe Coltman, vice president of Personnel Protection Systems for BAE Systems, emphasized the importance of the MOLLE system's adjustable design in contributing to the overall performance and effectiveness of individual soldiers.

Statistics:

• $55.7 million: Total value of the two orders received by BAE Systems.
• $35.7 million: Value of the DLA order.
• $20 million: Value of the U.S. Army order.
• $374 million: Multi-year contract awarded to BAE Systems by the DLA in June 2008.
• $258.9 million: Multi-year contract awarded to BAE Systems by the U.S. Army in February 2008.
• $128.4 million: Amount already obligated from the $374 million contract.
• $207.9 million: Amount already obligated from the $258.9 million contract.
• July 2009: Delivery completion date for the DLA order.
• March 2010: Delivery completion date for the U.S. Army order.

Sources:

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