President Obama has submitted a defense budget request to Congress for fiscal year 2010 that, if implemented, will dramatically reshape America's military.
Despite conditions in which the Dow Jones Industrial Average has fallen by 10% for the year as a whole, the share prices of US defense contractors have surged.
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BAE Systems M8 Buford Armored Gun System (YouTube)
The 82nd Airborn Division, at Fort Bragg, NC will soon be receiving prototypes of the new Mobile Protected Firepower (MPF) vehicle. These new Army vehicles are designed to complement the missions of infantry units, assisting them in mobility. They will also provide the capability of destroying armored vehicles, buildings, and entrenched positions in a peer to peer conflict setting.
General Dynamics Land Services and BAE Systems were both contracted to build 12 prototypes for military testing.
The General Dynamics design is based on the AJAX chassis, which is used by the United Kingdom. The chassis is combined with an M1 Abrams tank turret, making it the larger of the two prototypes. BAE’s design is an upgraded and updated version of the M8 Buford Armored Gun System. BAE’s vehicle’s size is between the Army’s Joint Light Tactical Vehicle and the Stryker.