GD Awarded $58 M for Stryker Work

(Sterling Heights, Mich., April 29, 2008) -- General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has been awarded a $58 million contract modification to purchase long-lead materials for Stryker Infantry Carrier Vehicle and Nuclear, Biological and Chemical Reconnaissance Vehicle variants.

Work will be performed in Sterling Heights and London, Ontario, Canada, by existing General Dynamics employees. Work is expected be completed by Sept. 30, 2009. Stryker is a family of eight-wheeled combat vehicles that includes 10 variants. Stryker vehicles have been deployed to support Operation Iraqi Freedom since 2003. The contract being modified was initially awarded December 2006.

Source : General Dynamics

Reports about General Dynamics

• Corporate Review - General Dynamics Corporation
• Financial Analysis - General Dynamics Corporation

Recent News from General Dynamics

• Army Awards GD Orders to Produce Hydra-70 Rockets and Warheads [Defence] [ Fri 10 Oct 2008 ]
• Army Awards GD $33 M for 20mm Family of PGU Ammunition [Defence] [ Fri 10 Oct 2008 ]
• GD Awarded $34 M Army Contract for Small-Caliber Ammunition [Defence] [ Thu 9 Oct 2008 ]
• GD NASSCO Starts Construction of 10th T-AKE Ship [Defence] [ Wed 8 Oct 2008 ]
• GD Awarded $13 M to Continue Developing MIPS [Defence] [ Wed 8 Oct 2008 ]
• GD Awarded $66 M to Produce MK19 Grenade Machine Guns [Defence] [ Wed 8 Oct 2008 ]
• GD Awarded $183 M for Logistics Support to Naval Air Systems Command [Defence] [ Wed 8 Oct 2008 ]