Armor Holdings, Inc.
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| Armor Holdings, Inc. | |
|---|---|
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| Type | Subsidiary |
| Founded | 1996-01-01 |
| Headquarters | Jacksonville, Florida, United States |
| Industry | Defence |
| Owner | BAE Systems |
| Parent | BAE Systems Land and Armaments |
| Divisions | Stewart & Stevenson |
| Website | www.armorholdings.com |
Armor Holdings, Inc. was a manufacturer of military, law enforcement and personnel safety equipment. It was acquired by BAE Systems on 31 July 2007 and renamed BAE Systems AH Inc. The divisions have been reorganised within BAE Systems Land and Armaments.
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[edit] History
Armor Holdings was founded in 1969 as American Body Armor and Equipment, Inc. [1] 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.[1]
It acquired Fairfield-based O'Gara-Hess & Eisenhardt in 2001.[2] 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.[3] [4] [5]
On August 2, 2005, Armor Holdings acquired Second Chance, a body armor manufacturing company, for $45 million.
[edit] BAE acquisition
On 7 May 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).[6] The acquisition was completed on 31 July 2007.[7]
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.[8] BAE Systems Mobile Security's products are marketed under the Centigon brand.[9]
[edit] 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 MTVR (through subcontractor, Plasan Sasa).[10] [11] It also produces the majority of the US Army's MOLLE equipment.[12]
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.[13]
[edit] References
- ^ a b Armor Holdings, Inc. -- Company Profile
- ^ "British company agrees to buy Armor Holdings", The Associated Press, 2007-05-08. Retrieved on 2007-05-22. (English)
- ^ DoD SBIR Success Stories (Simula)
- ^ Hoover's Profiles (Simula)
- ^ Answers.com (Simula)
- ^ BAE Systems plc (2007-05-07). "BAE Systems plc announces proposed acquisition of Armor Holdings Inc." (PDF). Press release. Retrieved on 2007-05-07.
- ^ BAE Systems plc (2007-07-31). "BAE Systems completes acquisition of Armor Holdings Inc." (PDF). Press release. Retrieved on 2007-09-07.
- ^ About Armor Holdings
- ^ Mobile Secuity
- ^ Mobility & Protection Systems - BAE Systems
- ^ $110M for MTVR Vehicle Armor
- ^ $397.5M in Contracts for MOLLE Backpacks, Vests, et. al
- ^ http://www6.autonet.ca/News/Story.cfm?Story=/News/2007/03/29/3862297-ap.html
[edit] External links
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