General Dynamics selected for FRES
UK MoD selects PIRANHA V as provisional preferred bidder for Utility Vehicle Design
LONDON, United Kingdom - General Dynamics United Kingdom Limited, a wholly owned subsidiary of General Dynamics (NYSE: GD), has been selected by the UK Ministry of Defence as the provisionally preferred bidder for the Utility Vehicle Design (UVD) for the Future Rapid Effect System (FRES). Subject to satisfactory completion of the package of work on risk reduction and confirmation of preferred bidder status the team, led by General Dynamics UK Limited, will develop the PIRANHA V as the FRES Utility Vehicle for the British Army. The company will now enter negotiations with the MoD to determine the scope of development work required.
Dr Sandy Wilson, president and managing director, said: “We are delighted that PIRANHA V is the British Army’s choice for the FRES Utility Vehicle. With over 9,000 PIRANHAs already in service, the family’s pedigree speaks for itself. We have continued development work at our own initiative, and we will work closely with the Ministry of Defence to de-risk the programme. At the same time, we will be continuing our strong bids for the Utility Vehicle Integrator (UVI) role and for the follow on FRES Specialist Vehicles (SV).”
PIRANHA V will deliver an extremely reliable platform with superb protection and mobility to meet the Army’s FRES requirement, together with the necessary growth potential to meet future challenges. General Dynamics’ comprehensive experience of delivering wheeled armoured fighting vehicle (AFV) programmes to tight timelines reduces potential risk considerably and will be invaluable in delivering PIRANHA V to the MoD. The vehicle offers a cost-effective and robust solution that complies fully with the Defence Industrial Strategy.
ABOUT GENERAL DYNAMICS
General Dynamics United Kingdom Limited, a wholly owned subsidiary of General Dynamics (NYSE: GD), is a leading player in the UK’s knowledge economy and industrial base. Established in the United Kingdom for over 40 years, it employs around 1,700 people at eight facilities. A prime contractor and complex systems integrator, working in partnership with the Ministry of Defence (MoD) and other allies, growing key intellectual property, skills and capabilities in its UK research facilities and workforce, whilst harnessing world-leading technology.
General Dynamics UK leads a key MoD Defence Technology Centre research consortium and, together with a growing C4I export programme, plays a central role manufacturing and developing technology to deliver Network Enabled Capability and ISTAR in the battlespace. The Company is widely recognized as a leading contender to supply and integrate the next generation of Armoured Fighting Vehicles for the British Army.
More information about the company is available online at www.generaldynamics.uk.com.
General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 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, 2008
Contact: Mark Douglas
Tel: +44 (0)207-932-3460
Email: mark.douglas@generaldynamics.uk.com
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