The U.S. Army has awarded Ricardo Defense Inc. a more than $385 million contract to produce and deliver ABS/ESC retrofit kits for its HMMWV vehicles, with an expected completion date of March 15, 2026 .
U.S. Army awards $385 million contract to Ricardo Defense Inc.
The United States Army has awarded Ricardo Defense Inc. a contract worth more than $385 million for the production and delivery of anti-lock braking system and electronic stability control (ABS/ABS) retrofit kits. ESC). This contract is intended to equip the US Army’s HMMWV (High Mobility Multipurpose Wheeled Vehicle) vehicles. The order completion date is scheduled for March 15, 2026.