Armor Holdings (AH Quote) got a $31 million Army contract modification for putting armor on heavy trucks.
The news comes a day after the Jacksonville, Fla., armor-and-security company said first-quarter earnings and sales had doubled from a year ago, driving its shares up 4%. "We are extremely proud of our success over the past six months in accelerating delivery of heavy truck armor kits which have contributed significantly to soldier safety in these vehicles," said President Robert Shiller. "We are very pleased to receive this new order for additional quantities of add-on armor to continue production in support of our troops in Iraq and Afghanistan." Armor Holdings closed Thursday at $35.03.- Loading Comments...
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