TACOM Orders Global Fleet Sales Trucks

Iraqi Policeman,
Baghdad

$146M order. (May 27/11)

Global Fleet Sales, Inc. is a member of the RM Asia Group of Companies, and has a long history of working in “difficult market situations” to produce modified and baseline Ford vehicles for companies and organizations involved in Humanitarian, Aid, Relief and Development Projects, and Police services around the world. The firm has been tapped for a number of US government contracts beginning in 2005, such as one for Afghan Police vehicles. GFS maintains all of the vehicles used by the Afghan National Army, with maintenance facilities in Mazar-e-Sharif, Herat, Kandahar, Kabul and Gardez; its parent firm RM Asia has a full country office in Afghanistan.

Recent awards fall under a 3 year firm-fixed-price contract with the US military to provide modified vehicles for customers like the Afghan and Iraqi police, and for other foreign military sales customers who might choose to order under the set contract terms and advantageous prices the US military has negotiated.

Rapid Fire: Evening 2011-05-31

• As a British Government Minister declares that offensive cyber warfare is an integral part of the UK’s armory, the Ministry of Defence outline their new Materiel Strategy.

• Cassidian win contract to provide the Canadian Navy new technologies to detect and counter laser-based threats against its vessels.

• The US Navy announces that CVN 79, the 2nd Ford Class aircraft carrier, will be named the USS John F. Kennedy. It will continue the namesake legacy of the non-nuclear powered CV 67, retired in 2007.

• The U.S. Navy successfully tested the DDG 1000’s Integrated Power System (IPS) at full power at the Land Based Test Site located in Philadelphia, May 11.

• The U.S. Navy also approves ATK’s Hostile Fire Indication (HFI) capability upgrade for the AAR-47 Missile Warning System.

• Singapore’s ST Engineering announce the formation of a joint venture (JV) company with Nanyang Technological University and DSO National Laboratories. The JV will design, develop and produce advanced earth observation satellites.

• India’s Mahindra and Mahindra report a 6.4% year-on-year rise in fourth quarter net profit.