Denmark Awards General Dynamics $38 Million Contract for EAGLE Armored Patrol Vehicles
FALLS CHURCH, Va. – The Danish Army Material Command awarded MOWAG GmbH, a part of General Dynamics European Land Combat Systems, a $38 million contract for Eagle IV armored patrol vehicles. The contract includes initial logistics support and equipping the vehicle with an Overhead Weapon Station, Communication and Battle Management Systems and other equipment to enhance the Danish Army’s ability to participate in international operations. General Dynamics European Land Combat Systems is a business unit of General Dynamics (NYSE: GD).
“This contract is a great success for MOWAG as it further demonstrates our customers’ confidence in the performance and reliability of our products and company,” said Simon T. Honess, chief executive officer of MOWAG. The Danish Army also operates the MOWAG Eagle I and Piranha III as part of its fleet.
The Eagle IV is a 4x4 armored patrol vehicle (APV) that has outstanding capabilities for high-level crew protection against mines and ballistic weapons. The EAGLE IV is approx. 18 feet long, 7 feet wide and offers seating space for up to 5 people. On the road, the EAGLE IV reaches a speed of 68 mph; it can climb grades of up to 60 percent and obstacles with a height of up to 16 inches. The vehicle’s 245-horsepower Cummins engine, in combination with an Allison 5-speed automatic transmission, unique De Dion axles with patented roll stabilizer, tire pressure regulation system, and permanent all-wheel drive give the EAGLE IV excellent mobility both on- and off-road.
Production will take place at MOWAG’s facility in Kreuzlingen, Switzerland, and deliveries will begin in August 2006.
MOWAG GmbH of Kreuzlingen, Switzerland, develops, designs, and manufactures technologically advanced special vehicles for military use. More than 12,000 armored wheeled vehicles of the MOWAG Piranha, MOWAG Eagle, and MOWAG Duro series are fielded all over the world. MOWAG is part of the General Dynamics European Land Combat Systems group, and employs more than 500 people at its Kreuzlingen location. More information can be found at www.mowag.ch
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,900 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, December 12, 2005
Press Contact: (703) 876-3199
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