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May 8, 2008 |
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General Dynamics Awarded $116 Million for Abrams Tank-Related Work
STERLING HEIGHTS, Mich. – General Dynamics Land Systems,
a business unit of General Dynamics (NYSE: GD), was awarded a contract worth
$116 million for the purchase of long-lead materials for work associated
with the Abrams main battle tank.
The contract, awarded April 30, adds funds to the existing material contract
for reset of 204 M1A1 Abrams Integrated Management (AIM) main battle tanks.
The reset process restores used equipment to combat-level capability. The
reset tanks will feature improved technology to bolster crew situational
awareness. The upgrades include second-generation Forward-Looking Infrared,
Far Target Locate, a tank-infantry phone and driver’s vision enhancement.
The improvements increase the M1A1’s fighting capability by providing
soldiers with an electronic graphic of the battlefield with icons for
friendly and enemy forces, and a tank commander’s thermal sight for the .50
caliber machine gun.
The work on the tank will be performed by existing General Dynamics
employees in Eynon, Penn.; Lima, Ohio; Sterling Heights, Mich.; and
Tallahassee, Fla. The project is expected to be completed by Dec. 31, 2009.
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.
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