General Dynamics Awarded $7 Million for Saudi Tank Work

STERLING HEIGHTS, Mich. – General Dynamics Land Systems has been awarded a $7 million contract to continue to design the new Saudi M1A2 (M1A2S) Abrams tank for the Kingdom of Saudi Arabia. The Foreign Military Sales (FMS) contract for design logistics was awarded by the U.S. Army TACOM Lifecycle Management Command for the Royal Saudi Land Forces. General Dynamics Land Systems is a business unit of General Dynamics (NYSE: GD).

This contract is an addition to a $58 million contract awarded to General Dynamics in 2008 to design, develop, convert, implement and test a hybrid configuration of the M1A1, M1A2 and M1A2 System Enhancement Package (SEP) tank variants. The M1A2S vehicles will possess defined capabilities that increase lethality while limiting obsolescence. The work will be performed in Sterling Heights.

General Dynamics (NYSE: GD), headquartered in Falls Church, Va., employs approximately 92,000 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 online at www.gd.com.

# # #