UK-based Ricardo receives additional ABS/ESC retrofit kits contract from US Army
The company receives a $385 million contract extending its previous base three-year agreement awarded in March 2021
UK-based engineering services provider Ricardo PLC announced that the United States Army has awarded Ricardo’s Defense business unit, located in Michigan, US, a contract valued at over $385 million to continue production and delivery of antilock brake system/electronic stability control (ABS/ESC) retrofit kits, with an order completion date of March 15, 2026, according to a press release dated September 11.
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