Saturday, October 08, 2011

(DEFENSE GREECE) The U.S. approved to grant 400 M1A1 Abrams to Greece

COMMENT - No Greek Crisis For Defense Contractors - 400 new M1A1 tanks ordered, at 1.3mn euros each.

The U.S. approved to grant 400 M1A1 Abrams to Greece
October 3, 2011 | Filed under: Army,Featured News

According to information of the “Hellenic Defence & Technology” magazine, the U.S. authorities approved to grant 400 M1A1 Abrams tanks to the Greek Army, which will include options between simple refurbishment – worth tens of millions dollars for all the tanks- and upgrading to a higher level of operational capability, with a higher corresponding cost. The relative Letter of Offer and Acceptance (LOA) is expected soon.

Also according to exclusive information of the 'Hellenic Defence & Technology' magazine, a Price and Availability letter was sent to U.S. authorities regarding 20 AAV7A1 and a low cost upgrade program for them. This is the first step to cover an operational requirement for 75-100 vehicles.

Additional exclusive details on these requirements as well as for Bradley IFVs, in a forthcoming issue of the 'Hellenic Defence & Technology' magazine.

Source: hellenicdefence.gr

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