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General Dynamics Awarded $57 Million for Production, Analysis and Repair of Combat Vehicles

STERLING HEIGHTS, Mich. – The U.S. TACOM Lifecycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), $57 million for Stryker production and for Abrams tank maintenance.

The Army awarded $38 million to produce 33 Stryker Medical Evacuation Vehicle variants. The eight-wheeled Stryker provides mobile protection for up to six patients and a medical team. Work will be performed in Anniston, Ala.; Sterling Heights, Mich.; Lima, Ohio; and London, Ontario, Canada, and is expected to be completed by January 2010.

The Army also awarded General Dynamics Land Systems $19 million for Abrams Systems Technical Support. STS funds engineering studies on Abrams tanks to identify improvements and replace obsolete parts, while keeping Abrams main battle tanks current to their base configurations. The STS program’s objective is to maintain Abrams tanks at high operational readiness rates. Work will be performed in Sterling Heights, Mich., and will be completed by December 2011.

General Dynamics, headquartered in Falls Church, Va., employs approximately 82,900 people worldwide and anticipates 2007 revenues of approximately $27 billion. The company has leading market positions in mission critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company is available on the Internet at www.generaldynamics.com.

Sept. 17, 2007
Contact: Rae Higgins
Tel: (586) 825-4610
Email: higginra@gdls.com



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