General Dynamics Awarded $24 Million Contract for Abrams Tank System Technical Support
STERLING HEIGHTS, Mich. – The United States Army Tank-Automotive and Armaments Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a $24 million contract for systems technical support (STS) for the Abrams tank.
STS allows the change-out of obsolete parts and keeps the Abrams tanks current to their base configuration. The main objective of STS is to keep the tanks running at high operational readiness rates.
Work under this contract will be performed at General Dynamics Land Systems’ headquarters in Sterling Heights, Michigan, and is expected to be completed by September 30, 2006.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,600 people worldwide and anticipates 2004 revenue in excess of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation.
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Any "forward-looking statements" contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
General Dynamics Corporation (ticker: GD, exchange: NYSE)
News Release - Tuesday, January 25, 2005
Press Contact: (586) 825-7980
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