Armor Holdings

Armor Holdings, Inc. was an American manufacturer of military, law enforcement, and personnel safety equipment. It was acquired by BAE Systems on July 31, 2007[1] and renamed BAE Systems Mobility & Protection Systems. The divisions have been reorganised within BAE Systems Land and Armaments.

Armor Holdings, Inc.
Subsidiary
IndustryDefense
FoundedJanuary 1, 1996
Headquarters
Jacksonville, Florida
,
United States
OwnerBAE Systems
ParentBAE Systems Land and Armaments
DivisionsStewart & Stevenson
Websitewww.armorholdings.com

History

Armor Holdings was founded in 1969 as American Body Armor and Equipment, Inc.[2] at Jacksonville, Florida. In January 1996 the company underwent a change in control; Kanders Florida Holdings, Inc. and others purchased the stock held by the company's two largest shareholders. The Armor Holdings, Inc. name was adopted on August 21, 1996.[2]

It acquired Fairfield, Ohio-based O'Gara-Hess & Eisenhardt in 2001[3] and renamed it Centigon.

In 2003, it acquired Simula, Inc. a developer and producer of military seating systems, the Cockpit Air Bag System (CABS) for US Army helicopters, the Small Arms Protective Insert (SAPI) armor system, and parachutes. Simula developed and produced the first crashworthy armored crew seats for the US Army UH-60 Black Hawk and AH-64 Apache helicopters.[4][5][6]

On August 2, 2005, Armor Holdings acquired Second Chance, a body armor manufacturing company, for $45 million.

In 2006, Armor Holdings obtained a $649 million order for the U.S. Army to manufacture tactical vehicle trucks.[7]

BAE acquisition

On May 7, 2007 BAE Systems announced its subsidiary BAE Systems Inc. was to purchase Armor Holdings for US$4.1 billion (US$4.5 billion including net debt).[8] The acquisition was completed on July 31, 2007.[9]

Armor Holdings' three business units; Aerospace & Defense Group, the Products Group and the Mobile Security Division were merged into BAE Systems as Mobility & Protection Systems, BAE Systems Products Group, and BAE Systems Mobile Security respectively.[10]

Products

Its products include the Caiman MRAP vehicle, Family of Medium Tactical Vehicles (FMTV), the Pinzgauer High Mobility All-Terrain Vehicle, as well as armor kits and components for the HMMWV and Medium Tactical Vehicle Replacement (MTVR) (through subcontractor, Plasan Sasa).[11][12] It also produces the majority of the US Army's MOLLE equipment.[13]

It delivered its Maneuver Sustainment Vehicle (MSV) to US Army for evaluation in Future Tactical Truck System competition, along with Navistar International and Lockheed Martin.[14]

Zylon Body Armor Settlement

On October 7, 2008, the US Department of Justice announced a $30 million settlement with Armor Holdings Products LLC over claims that Armor Holdings knowingly violated the Federal False Claims Act by selling defective Zylon body armor to the government. This is part of a larger investigation of Zylon armor by the DOJ and the military.[15]

gollark: Yes, I'm aware.
gollark: I also had a server rack with a bunch of devices with linked cards (and wireless ones) relaying packets to remote locations, and under heavy load *that* apparently sometimes just crashes despite being connected to a several-kRF/t power supply.
gollark: OC's power requirements can also be annoying sometimes, because apparently my long-range communication relay cubes need something like 300RF/t in RTG capacity to avoid shutting down under heavy load.
gollark: The complexity limits are very low, and there are 2 card slots.
gollark: Yes, if it fits a wireless card.

References
  1. "About Armor Holdings – BAE Systems". production.investis.com. 2010. Archived from the original on 13 July 2011. Retrieved June 9, 2011.
  2. Armor Holdings, Inc. -- Company Profile
  3. "British company agrees to buy Armor Holdings". The Associated Press. 2007-05-08. Retrieved 2007-05-22.
  4. DoD SBIR Success Stories (Simula) Archived 2007-02-13 at the Wayback Machine
  5. Hoover's Profiles (Simula)
  6. Answers.com (Simula)
  7. "Armor Holdings gets $32M contract - UPI.com". upi.com. 2011. Retrieved June 28, 2011.
  8. "BAE Systems plc announces proposed acquisition of Armor Holdings Inc" (PDF) (Press release). BAE Systems plc. 2007-05-07. Archived (PDF) from the original on 16 June 2007. Retrieved 2007-05-07.
  9. "BAE Systems completes acquisition of Armor Holdings Inc" (PDF) (Press release). BAE Systems plc. 2007-07-31. Archived from the original on 30 September 2007. Retrieved 2007-09-07.
  10. About Armor Holdings Archived July 13, 2011, at the Wayback Machine
  11. Mobility & Protection Systems - BAE Systems
  12. $110M for MTVR Vehicle Armor
  13. $397.5M in Contracts for MOLLE Backpacks, Vests, et al.
  15. "#08-901: Armor Holdings Products LLC Pays U.S. $30 Million for the Sale of Defective Zylon Bullet-Proof Vests (2008-10-07)".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.