From: Ad 

http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/art
icle1760117.ece

&

http://www.forbes.com/markets/2007/05/07/bae-systems-armor-markets-equity-cx_po
_0507markets08.html

etc.

"BAE is the largest defense company in Europe and the seventh-largest
in America.

"Armor brings to us a major tactical wheel presence that we don't
already have," Walt Havenstein, the chief operating officer of BAE,
said in a conference call with reporters and analysts on Monday. Armor is
BAE's biggest acquisition since its $4.2 billion purchase of United Defense
Industries -- now BAE Systems Land and Armaments -- in 2005.

That deal saw it pick up one of the world's largest manufacturers of tracks
for combat vehicles. "The addition of wheels capability adds another
string to our bow," said BAE spokesman John Neilson. "It's a
major part of our strategy of growing the business in the U.S. and
elsewhere."
"

Great move.

A) What with the wear & tear going on at the moment their order
books'll be full for years to come just this bit:

"That deal saw it pick up one of the world's largest manufacturers of
tracks for combat vehicles. "

will generate serious income. Think how many miles the Bradleys (now built
by BAE), Abrams, M113 etc are doing right now......


B) Wrt "The deal, announced yesterday in the US, will put BAE in a
strong position to win an $8 billion order to build up to 8,000 armoured
personnel vehicles for the US Army and US Marines."

Consider what I've been saying wrt BAE in South Africa (e.g wrt OMC) &
the South African long term drive towards mine proof wheeled AFV eg.

http://www.baesystemsomc.co.za/Default.aspx?tabid=2163

or how about a solid armoured car?:

http://www.baesystemsomc.co.za/Default.aspx?tabid=653

155 Artillery?

http://www.baesystemsomc.co.za/Default.aspx?tabid=654

Hummer replacement?:

http://www.baesystemsomc.co.za/Default.aspx?tabid=654

or

http://www.baesystemsomc.co.za/Default.aspx?tabid=648

or

http://www.baesystemsomc.co.za/Default.aspx?tabid=650

or

http://www.baesystemsomc.co.za/Default.aspx?tabid=651

& last but not least.....even the USMC agree with me.....

http://www.fin24.co.za/articles/default/display_article.aspx?Nav=ns&ArticleID=1
518-1786_2072074

"Johannesburg - The US Marine Corps has placed a US$55.4m order for 90
South African-designed RG33 mine-resistant and ambush-proof vehicles.

BAE Systems' South African unit, Land Systems OMC, won the order after
turning around a request for a proposal from a clean-sheet design to
delivering a working, blast-tested prototype in under seven weeks.

The advanced tactical wheeled vehicles will offer enhanced protection to US
marines and soldiers under the Mine Resistant Ambush Protected (MRAP)
vehicle programme.

"BAE Systems has successfully completed its own blast testing of the
RG33 vehicle design, and the results met or exceeded the MRAP survivability
requirements in all cases," said John Swift, MRAP Program Manager for
BAE Systems at its Triangle, Virginia office. "


Adam

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