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U.S. Army Awards General Dynamics $101 Million for Additional Stryker Vehicles and Maintenance Support

STERLING HEIGHTS, Mich. – The U.S. Army TACOM Life Cycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), $101 million in two separate contracts for additional Stryker vehicles and support.

The first award, a contract modification valued at $42 million, is for 23 additional Stryker Command Vehicles (CVs). The Stryker CV is a mobile C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) platform operating as a fast-moving, armored tactical operations center for the Stryker Brigade Combat Team.

Work will be performed by existing General Dynamics personnel in Anniston, Ala.; Lima, Ohio; Sterling Heights, Mich.; and London, Ontario, Canada. Vehicle deliveries are scheduled to begin in July 2008 and end in January 2009.

The second contract, which is a modification of an existing delivery order, was awarded April 24, and is valued at $59 million. It covers parts and support for the Stryker vehicle and remote weapon station system.

Work will be performed by existing General Dynamics personnel in Sterling Heights, Mich.; Fort Lewis, Wash.; London, Ontario, Canada; Germany, Iraq and Kuwait, and is expected to be completed by February 29, 2008.

Stryker is a family of eight-wheeled combat vehicles, available in ten variants, that has been proven effective by the U.S. Army and the National Guard for defense and disaster-response missions.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,600 people worldwide and had 2006 revenues of $24.1 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available online at www.generaldynamics.com.

May 8, 2007
Contact: Rae Higgins
Tel: (586) 825-4610
Email: higginra@gdls.com

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