BAE Systems Building Recovery Vehicles for Iraq

  BAE Systems Building Recovery Vehicles for Iraq

Business Wire

YORK, Pa. -- October 08, 2012

BAE Systems received a $31.8 million foreign military sale contract to produce
eight M88A2 Heavy Equipment Recovery Combat Utility Lift Evacuation Systems
(HERCULES) for the Iraqi Army. HERCULES is the recovery system of choice for
today’s 70-ton combat vehicles, cutting in half the number of recovery
vehicles and personnel required to perform recovery missions in support of
modern tank forces.

BAE Systems providing eight M88A2 HERCULES vehicles to the Iraqi Army. (Photo:
BAE Systems)

BAE Systems providing eight M88A2 HERCULES vehicles to the Iraqi Army. (Photo:
BAE Systems)

“BAE Systems is answering the need for a cost-effective, self-supporting,
heavy recovery performance vehicle,” said Mark Signorelli, vice president and
general manager of Vehicle Systems at BAE Systems. “HERCULES will provide the
Iraqi military with a recovery vehicle that has been tested and proven to tow
and hoist today’s heaviest combat vehicles.”

Key features of the M88A2 HERCULES include: improved power-assisted braking to
enable the recovery vehicle to tow an M1A1 tank, increased horsepower, an
improved electrical system, a modernized hydraulic system and a boom that
enables the vehicle to lift an M1A1 turret. HERCULES has the lowest
acquisition, operational and maintenance cost of any 70-ton capable recovery
system.The M88A2 also provides unparalleled capability for recovering today’s
heavy combat vehicles including the M1A1, M1A2, Leopard MBT, bridging systems
and other medium to heavy weight vehicles.

The upgrade work will be performed by the existing workforce at BAE Systems
operations in York, Pennsylvania and Aiken, South Carolina.The York facility
will fabricate the new hulls for the M88A2 configuration and the Aiken
facility will manufacture some of the parts for vehicles. Work is expected to
begin in late 2013 and is anticipated to be complete in mid-2014.

This award brings the total value of U.S. Government contracts that BAE
Systems has received for the HERCULES program to $1.4 billion.To date, more
than 500 HERCULES vehicles have been fielded against an overall U.S. Army
requirement of 748 vehicles.A total of 75 vehicles have been fielded to the
U.S. Marine Corps.

In 2010, BAE Systems produced and delivered eight M88A2s for the Iraqi Army,
bringing the total number of M88A2s the company has provided for Iraq to 16.
Earlier this year, BAE Systems overhauled and delivered 440 M113A2 personnel
carriers to the Iraqi Army through a foreign military sale worth more than $31
million.

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Contact:

BAE Systems
Shannon Booker, +1 703-907-8231
Mobile: +1 703-967-3854
shannon.booker@baesystems.com
www.baesystems.com