General Dynamics Receives $22 Million for Abrams TUSK, Stryker Work
STERLING HEIGHTS, Mich. – General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has been awarded two contracts to service Abrams main battle tanks and Stryker eight-wheeled combat vehicles.
The first, a $12 million modification to an existing contract that was awarded June 11, covers additional material to produce Tank Urban Survivability Kits (TUSK) for the U.S. Army. TUSK is a set of enhancements to the Abrams M1A1 and M1A2 tanks that improves crew survivability and increases the combat capability of the tank in urban terrain. These enhancements are the result of lessons learned during combat operations in Iraq. Work will be performed in Lima, Ohio, by existing General Dynamics employees and is expected to be completed by December 2008.
The second contract, awarded June 15, is a $10 million delivery order for logistics support, retrofits and upgrades to the fleet of Stryker eight-wheeled combat vehicles. 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. Work will be performed by existing General Dynamics Land Systems employees in multiple locations and is expected to be completed by December 2010.
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 http://www.generaldynamics.com
June 25, 2007Contact: Rae Higgins
Tel: (586) 825-4610
Email: higginra@gdls.com
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