General Dynamics Awarded $22 Million for Mine-Protected Vehicle Work
STERLING HEIGHTS, Mich. – General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has been awarded a $22 million work order from Force Protection, Inc., to produce spare parts for the Mine-Resistant, Ambush-Protected (MRAP) vehicle program.
Force Protection (NASDAQ: FRPT) and General Dynamics are partners in the production and program management of MRAP contracts with the U.S. Marine Corps. Work is performed at General Dynamics and Force Protection locations in Michigan and South Carolina.
About Force Protection
Force Protection manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C. For more information on Force Protection and its vehicles, go to www.forceprotection.net.
About General Dynamics
General Dynamics, headquartered in Falls Church, Va., employs approximately 85,600 people worldwide. 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 on the Internet at www.generaldynamics.com.
October 27, 2008
Contact: Robin L. Porter
Tel: (586) 825-7141
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