General Dynamics Captures AUD $9.2 Million in Australian Army Work
ADELAIDE, Australia – General Dynamics Land Systems - Australia (GDLS-A) captured two contracts worth AUD $9.2 million (USD $7.2 million) for repair and supply support to the Australian Army.
On 10 February 2004, the company signed a standing offer with the Australian Army for the “provision of repair and refurbishment of Australian Light Armored Vehicles (ASLAV) and associated services.” The estimated contract value is AUD $3.7 million (USD $2.9 million).
The services to be performed at the GDLS-A Pooraka, SA facility extend from June 2004 to June 2006 in conjunction with ASLAV Standardisation work contracted with General Dynamics Land Systems – Canada. The work involves the provision of “repair as required,” replacement of high usage parts and vehicle repainting.
Additionally, on 3 February 2004, GDLS-A signed a AUD $5.5 million (USD $4.3 million) contract for the provision of 130 DIM 36PS sight heads, bodies and alignment plates. The service will establish commonality between the gunner’s and commander’s target acquisition and surveillance sights on ASLAV turrets. Delivery is expected to be complete by June 2004.
General Dynamics Land Systems – Australia (GDLS-A), located in Adelaide, South Australia is a business unit of General Dynamics Land Systems of Sterling Heights, Mich.; both are part of General Dynamics (NYSE: GD). GDLS-A maintains a Logistics Centre in Darwin, Northern Territory and plans to open a similar capability in Brisbane, SE Queensland during 2004 to provide maintenance and supply support to ASLAV equipped units.
General Dynamics, headquartered in Falls Church, Va., employs approximately 67,600 people worldwide and had 2003 revenue of USD $16.6 billion. The company has leading market positions in land and amphibious combat systems, mission critical information systems and technologies, 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 - Thursday, February 12, 2004
Press Contact: +61 2 6257 7200
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