General Dynamics Awarded $13 Million for Abrams Tank Systems Technical Support
STERLING HEIGHTS, Mich. – The U. S. Army Tank-Automotive and Armaments Command, Warren, Mich., has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a $13 million contract modification 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 principal objective of STS is to maintain Abrams tanks at high operational readiness rates.
Work will be performed at General Dynamics Land Systems’ headquarters in Sterling Heights, Mich., and is expected to be completed by Aug. 31, 2006. The contract being modified was initially awarded on Nov. 23, 2001.
General Dynamics, headquartered in Falls Church, Va., employs approximately 70,200 people worldwide and had 2004 revenue of $19.2 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 - Monday, April 4, 2005
Press Contact: (586) 825-7980
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