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General Dynamics Awarded CAD$49 Million Contract to Supply LAV III Infantry Section Carriers to Canadian Forces

LONDON, Ontario – The Canadian Department of National Defence has awarded a CAD$49.2 million (approximately USD$46.3 million) contract to General Dynamics Land Systems-Canada to provide 33 LAV III Infantry Section Carriers. General Dynamics Land Systems, the Canadian company’s parent corporation, is a business unit of General Dynamics (NYSE: GD).

Under this contract, General Dynamics Land Systems-Canada will modify 33 existing LAV III chassis to an infantry section carrier configuration and integrate a Remote Weapon Station on to the converted chassis. The LAV III chassis were originally manufactured under a previous contract for LAV III TOW Under Armour (TUA) vehicles. Rheinmetall Canada of Saint-Jean-sur-Richelieu, Quebec, will supply the Remote Weapon Station, which will feature a universal gun cradle capable of mounting 5.56, 7.62 and 12.7 mm armaments and a cooled thermal sight system.

Dr. Sridhar Sridharan, senior vice-president of General Dynamics Land Systems-Canada, said, “As Canada’s leading armoured vehicle manufacturer, our workforce is committed and proud to support the Canadian Forces. The modification of these LAV III vehicles will provide the army with additional capability as they conduct their challenging overseas missions.”

The delivery of the LAV III Infantry Section Carriers will occur from June 2008 to March 2009.

General Dynamics Land Systems – Canada, located in London, Ontario, Canada is a business unit of General Dynamics Land Systems of Sterling Heights, Michigan. For 30 years, more than 1500 highly skilled technical employees have designed, manufactured, delivered and supported to global customers a unique family of light armoured vehicles (LAV). More information on the company is available at www.gdlscanada.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,900 people worldwide and anticipates 2007 revenues of more than $27 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

August 3, 2007
Contact: Ken Yamashita
Tel: (519) 964-5813
email: yamashik@gdls.com



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