BAE Systems Bags £500 Mln Norwegian Armoured Vehicle Contract - Quick Facts

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6/21/2012 9:57 AM ET

BAE Systems (BA.L) said it would upgrade and build CV90 armoured combat vehicles for the Norwegian Army under a contract worth about 500 million pounds or $750 million granted by the Norwegian Government. The company would upgrade Norway's existing 103-vehicle CV9030 fleet, delivered from the mid-1990s, and construct new vehicle chassis to deliver 144 CV90s in different configurations, including a variant equipped with a sensor suite for improved surveillance capability.

The project would deliver 74 infantry fighting, 21 reconnaissance, 15 command, 16 engineering, 16 multi-role and two driver training vehicles.

The new vehicle fleet would have significantly improved protection, survivability, situational awareness, intelligence and interoperability, by incorporating lessons learned from Norwegian operations in Afghanistan.

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