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Joint Venture Sells 200th Stryker Combat Vehicle

August Sales Set New Record

SHELBY TOWNSHIP, Mich. – The GM GDLS Defense Group, a joint venture of General Motors Corporation and General Dynamics Land Systems sold the United States Army its 200th Stryker combat vehicle today under a $4 billion six-year contract awarded in November of 2000.

Forty-four Strykers were sold to the Army in August setting a record as the program’s highest monthly sales since deliveries began in February 2002.

September also begins initial sales of the engineer support and medical evacuation configurations of the Stryker family of eight-wheel drive combat vehicles. By the end of September the joint venture will have sold seven of the ten Stryker configurations in the first year of production. These include sales of the mobile gun system; the mortar carrier, the command vehicle, reconnaissance vehicle, the medical evacuation vehicle, engineer squad vehicle and the infantry squad carrier. Sales of the anti-tank guided missile and fire support configurations of Stryker will begin in October.

Traveling at speeds of 62 mph on highways, Stryker has a range of 312 miles. The Stryker family of combat vehicles is easily transported in a C-130 cargo plane.

The Army deployed 16 Stryker vehicles as part of its force package for Millennium Challenge 2002, the Joint Forces Command field experiment and demonstration, between July 24-August 15. The Strykers were deployed from C-130 and C-17 aircraft during the exercise.

Soldiers and Fort Irwin's observer-controllers - wargame referees - said they were surprised by the eight-wheeled Stryker's speed over difficult terrain, its climbing ability and the performance of its see-in-the-dark gun sights. "These things just scooted over some very steep areas. There were times when I thought we weren't going to make it, but they just kept going," said Lt. Nathan Molica, a Stryker company executive officer. Their first test at the training center went as well as soldiers and their commanders had hoped, if not a little better. "We can do the things the Army expects us to do," said Lt. Ben Celver, a Stryker platoon leader, "and probably more."*

GM Defense is a group of GM-owned business units engaged in the design and production of Light Armored Vehicles and supporting turret systems for military use around the world. The group comprises research, design, and manufacturing facilities in London, Ontario; Goleta, California; Troy, Michigan; Kreuzlingen, Switzerland; and Adelaide, Australia. Operations within GM Defense have more than 50 years of experience in the design, manufacture, and delivery of a unique family of light armored vehicles. Those vehicles are in service with the United States Marine Corps, the United States Army National Guard, and with other military forces around the globe.
General Dynamics Land Systems is a wholly owned subsidiary of General Dynamics (NYSE:GD). General Dynamics, headquartered in Falls Church, Virginia, employs approximately 52,000 people and anticipates 2001 sales of approximately $12 billion. The company has leading market positions in shipbuilding and marine systems, land and amphibious combat systems, information systems, and business aviation.

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* (Excerpt from ”Stryker Impresses In Its First Real Test,” Army Times, p. 10, 19 August 2002, by Sean Naylor).

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)
Press Release - Wednesday, September 25, 2002
Press Contact: (810) 825-7930

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