General Dynamics Awarded $6 Million Contract for Advanced Amphibious Assault Vehicle Long Lead Material
STERLING HEIGHTS, Mich. – The U.S. Marine Corps Systems Command has awarded General Dynamics Land Systems a $6 million contract modification to order long lead material for the U.S. Marine Corps Advanced Amphibious Assault Vehicle program (AAAV).
The long lead material is for the AAAV system development and demonstration phase.
Work will be performed by company employees at its Amphibious Systems Operation in Woodbridge, Va. (40%), Lima, Ohio (20%), Tallahassee, Fla. (15%), Muskegon, Mich. (10%), Scranton, Pa. (10%), and Imperial Valley, Calif. (5%). The work is expected to be completed by June 2001.
General Dynamics Land Systems is a wholly owned subsidiary of General Dynamics (NYSE: GD). General Dynamics, headquartered in Falls Church, Virginia, employs approximately 46,000 people worldwide and anticipates 2001 sales of approximately $11.5 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems.
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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 - Friday, April 6, 2001
Press Contact: (810) 825-7980
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