Protected Vehicles, Inc. announces receipt of an IDIQ contract award for the United States Marine Corps solicitation for Mine Resistant Ambush Protected (MRAP) vehicles.

The PVI MRAP integrates the best attributes of protection, mobility and lethality needed today and tomorrow.

Key relationships including Rafael Armament Development Authority of Haifa, Israel and Battelle Memorial Institute of Ohio have allowed PVI to assemble a team with deep experience, large volume production capability, and a solid reputation for high quality performance. Combined production rates will allow complete delivery of 4,100 vehicles faster than the Marine Corps' requested 20 month delivery schedule.

According to PVI, the vehicles have superior capabilities and the company proud to be part of the industrial base that gives US Marines and Soldiers a new level of survivability and lethality in this era of asymmetric warfare. MRAP vehicles incorporate an extended range of defensive capabilities, unmatched situational awareness and lethality. The successful integration of these attributes result in a next generation mine resistant, ambush protected vehicle.

The first delivery order slates MRAP vehicles, Category I & II, to be tested at Aberdeen Proving Grounds in March. The Israeli version of the MRAP is also in the midst of testing by the Israeli Defense Force.

Established in late 2005, PVI retains more than 120 employees with plans to add another 400 over the next several months. Over the past year Protected Vehicles, Inc. has made significant investments and improvements to their 350,000 square foot facility on the Old Naval Shipyard in Charleston and has secured options for more square footage in nearby facilities as demand grows.

Sergyi Way
07.02.2007

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