February 18, 2008 -- Spartan Chassis, a subsidiary of Spartan Motors, has received a subcontract order worth approximately $133.8 million from defense contractor BAE Systems to support the production of advanced tactical vehicles under the Mine Resistant Ambush Protected, or MRAP, program.

Under the terms of the subcontract, the custom chassis manufacturer will supply and integrate key chassis components for BAE Systems's RG33 Category I and II vehicles. The vehicles are scheduled to be completed during the first three quarters of 2008 and are slated for use by the US military.

Richard Schalter, president of Spartan Chassis, said: "This contract and our ongoing relationship with BAE Systems is further affirmation of Spartan Chassis's ability to leverage our expertise in the design, material logistics and assembly of these life-saving vehicles. The MRAP program remains a high priority for the military, and we are honored to be working alongside BAE to respond to that need and be a major supplier to this program."

Source: Datamonitor News and Comment