U.S. Army Awards General Dynamics $81 Million for Abrams Tank Upgrades

STERLING HEIGHTS, Mich. – The U.S. Army TACOM Life Cycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a multi-year contract valued at $81 million to upgrade 30 M1 Abram tanks to the M1A2 Systems Enhancement Package Version 2 (SEPv2) configuration.

The most technologically advanced digital tank, the M1A2 SEP V2 includes improved displays, sights, auxiliary power and a tank-infantry phone. It also can accommodate future technology improvements to ensure compatibility with the Army’s Future Combat Systems.

Work will be performed in Lima, Ohio, and Sterling Heights, Mich., with an estimated completion date of June 30, 2012.

General Dynamics, headquartered in Falls Church, Va., employs approximately 92,300 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.