General Dynamics Receives $99M for Mine-Protected Vehicle Work

(STERLING HEIGHTS, Mich., Jan. 3) -- General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has received a $99 million work order from Force Protection Inc. to produce 183 Cougar vehicles for the Mine Resistant Ambush Protected (MRAP) vehicle program.

Force Protection (Nasdaq: FRPT) and General Dynamics have a partnership to share in the production and program management of the MRAP contact.

Force Protection was previously awarded a $379 million contract to produce
358 vehicles for the MRAP program. The latest MRAP order is for Force Protection's category I 4X4 and category II 6X6 Cougar vehicles.

Fabrication and assembly will be performed in Anniston and Oxford, Alabama; Charlotte and Detroit, Michigan; Ladson, South Carolina; and Lima, Ohio.

Source : General Dynamics

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