| United Defense Receives $29.3M Track Order
Contact:
Cindy Garrison
United Defense, Contract Administration
cindy.garrison@udlp.com
(256) 235-9848
Doug Coffey,
United Defense, Media
doug.coffey@udlp.com
(703) 312-6121
ANNISTON, AL, November 5, 2003 - United Defense Industries
Inc. (NYSE: UDI) has received an order for 556,000 T-157 and T-150F
track shoes needed for the Army’s Bradley Fighting Vehicles
and M113 Armored Personnel Carriers.
The $29.3 million contract from Goodyear Tire and Rubber Company
for forged metal track shoes will be performed at the company’s
facility in Anniston, Alabama. The order introduces the T-150F track
which is a new longer life track, designed and developed by United
Defense for the M113 variants.
“The increased operating tempo of these combat vehicles requires
delivery as soon as possible. We expect to begin delivery in December
2003 and complete delivery by January 2005,” said Robert Houston,
Vice President and General Manager.
In addition to military track shoes, the Anniston facility produces
torsion bars and suspension components for armored vehicles, as
well as other forged products for the mining, oilfield and valve
markets.
About United Defense Industries Inc.
United Defense designs, develops and produces combat vehicles, artillery,
naval guns, missile launchers and precision munitions used by the
U.S. Department of Defense and allies worldwide, and provides non-nuclear
ship repair, modernization and conversion to the U.S. Navy and other
U.S. Government agencies. To learn more about United Defense, visit
http://www.uniteddefense.com.
Forward-Looking Statements
Information in this release may involve guidance, expectations,
beliefs, plans, intentions or strategies regarding the future. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to United Defense Industries, Inc., as of
the date of the release, and we assume no obligation to update any
such forward-looking statements. The statements in this release
are not guarantees of future performance and actual results could
differ materially from our current expectations. Numerous factors
could cause or contribute to such differences. Please refer to the
Company's Annual Report on form 10-K for the year ended December
31, 2002, the Quarterly Report on Form 10-Q for the quarter ended
September 30, 2003, and our other reports filed from time to time
with the Securities and Exchange Commission for a further discussion
of the factors and risks associated with our business.
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