General Dynamics Awarded $50.8 Million Contract for Vehicle Systems Technical Support
STERLING HEIGHTS, Mich. – The United States Army Tank-Automotive and Armaments Command yesterday awarded General Dynamics Land Systems a sole source contract to provide systems technical support for the Abrams tank and Wolverine heavy assault bridge programs, from August 2001 through July 2006. The initial funding is valued at $50,822,204 and covers basic services through June 2002. General Dynamics Land Systems is a wholly owned subsidiary of General Dynamics (NYSE:GD).
Work will be performed at General Dynamics’ facilities in Sterling Heights and Muskegon Michigan, Tallahassee, Florida, and U.S. government field sites in the United States and Germany.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 49,000 people worldwide and anticipates 2001 sales of approximately $12 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 - Tuesday, September 4, 2001
Press Contact: (810) 825-7980
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