General Dynamics Awarded $58 Million for Stryker Work
STERLING HEIGHTS, Mich. – General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has been awarded a $58 million contract modification to purchase long-lead materials for Stryker Infantry Carrier Vehicle and Nuclear, Biological and Chemical Reconnaissance Vehicle variants.
Work will be performed in Sterling Heights and London, Ontario, Canada, by existing General Dynamics employees. Work is expected be completed by Sept. 30, 2009. Stryker is a family of eight-wheeled combat vehicles that includes 10 variants. Stryker vehicles have been deployed to support Operation Iraqi Freedom since 2003. The contract being modified was initially awarded December 2006.
General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 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.
April 29, 2008
Contact: Robin L. Porter
Tel: (586) 825-7141
Email: porterr@gdls.com
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