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July 21, 2009 |
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General Dynamics Awarded $45 Million for Egyptian Abrams Tank-Related Work
STERLING HEIGHTS, Mich. – The U.S. TACOM Lifecycle Management Command has
awarded General Dynamics Land Systems, a business unit of General Dynamics
(NYSE: GD), a $45 million contract for the Egyptian tank co-production program.
Work to be performed under the contract includes manufacturing technical
assistance on M1A1 Abrams tanks at the Egyptian tank plant and supplying
component equipment such as tools, gauges, fixtures and machines. This award is
in support of the tenth increment of the Egyptian co-production program.
Since 1992, General Dynamics has provided components for kits used in the
co-production program. The parts are shipped to a production facility near
Cairo, Egypt, where the tanks are manufactured for the Egyptian Land Forces.
Work on the components will be performed in Sterling Heights, Mich., with
completion estimated for December 2012.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately
92,900 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.
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