BAE Systems plans to close the manufacturing facilities at Guildford
and Fareham and discontinue production of the Pinzgauer 1, with
the potential loss of up to 102 jobs. Development of the Pinzgauer
2 vehicle will be transitioned to the BAE Systems South Africa
business. Reviewing current and future potential workload, and
the current cost base of the Pinzgauer vehicle, the company
decided to end the program, maintaining a core team of about
25 people to support existing users, primarily the Armies of
UK and New Zealand. (More...)
BAE
will continue the assembly of Pinzgauer 1 and vector vehicles
currently on order for the UK Ministry of defense will be completed
at the current locations. The Pinzgauer line of business was
acquired by BAE Systems in August 2007 as part of the Armor
Holdings acquisition. The Pinzgauer proved to be a costly product
that consumed expensive production resources that could not
fit within BAE's wheeled vehicle strategy.