Contracts Blog

Ricardo Defense Awarded $385 Million Contract

The United States Army has awarded Ricardo Defense Inc a contract valued at more than 385 million USD to continue production and delivery of Antilock Brake System/Electronic Stability Control (ABS/ESC) retrofit kits for the High Mobility Multipurpose Wheeled Vehicle (HMMWV).

Ricardo Defense Awarded $385 Million Contract


This contract extends the previous three-year agreement, which was awarded in March 2021, by two years and increases the ceiling from $89 million USD to $474 million USD. The order completion date is set for 15 March 2026.

Funding for the retrofit kits will be determined with each deliver order (DO). The first DO, for 92 million USD, has already been received and deliveries for the units have commenced and will continue through the first half of 2024.

Chet Gryczan, President of Ricardo Defense Inc, commented: “This award supports the retrofit of the US Army’s HMMWV and is testament to our commitment of ensuring the safety of soldiers and operators remain at the forefront of every training and mission executed.”

Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. Ricardo Defense Inc, a separate entity governed by a Special Security Agreement (SSA), provides engineering, manufacturing, and technical services to the US DoD, other US Government agencies, and allied nations.