Thursday, December 09, 2004


Armor Holdings Could Boost Humvee Armor Output 22%
Dec. 9 (Bloomberg) -- Armor Holdings Inc., the sole supplier of protective plates for the Humvee military vehicles used in Iraq, said it could increase output by as much as 22 percent per month with no investment and is awaiting an order from the Army.

U.S. Defense Secretary Donald Rumsfeld said yesterday the Army was working as fast as it can and supply is dictated by ``a matter of physics, not a matter of money.''

Jacksonville, Florida-based Armor Holdings last month told the Army it could add armor to as many as 550 of the trucks a month, up from 450 vehicles now, Robert Mecredy, president of the company's aerospace and defense group said in a telephone interview today.

``We're prepared to build 50 to 100 vehicles more per month,'' Mecredy said in the interview. ``I've told the customer that and I stand ready to do that.''

Insurgent attacks on the vehicles with homemade bombs and rocket-propelled grenades are accounting for as much as half of the more than 1,000 U.S. deaths and 9,000 U.S. wounded in Iraq, according to Congressional estimates. ...