US military aid finances most of Egypt's big-ticket defense procurements - $1.3 billion annually for several years. Large projects underway include the M1A1 Abrams tank manufacturing facility and the M88A2 coproduction program.
Egypt obtained US approval in 1984 to build a factory to produce new tanks. Under the initial agreement, the Egyptians would assemble 524 M1A1 tanks, and Egyptian officials hoped that this number would eventually rise to 1,500 tanks. Six production cycles were established initially, with each increment increasing the level of technology from General Dynamics Land Systems. Beginning in mid-1992, Egypt started assembling M1A1 tank components imported from the United States. Egypt manufactured about 40% and imported 60% of the components for the 555 tanks produced. The cost was estimated at $3.2 billion. The Egyptians also will produce the 120-mm cannon as well as an increasing number of parts for the tank. Egyptian officials say the goal is to make Cairo self-sufficient in tank production.
On March 11, 1999, Defense Secretary Cohen announced a $3.2 billion arms sale to Egypt that includes 24 F-16 aircraft, 200 M-1 tanks, and a Patriot missile battery. Under the proposal announced in March 1999, Egypt would assemble another 200 M1 tanks.
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.
Wednesday, July 22, 2009
DTN News: General Dynamics Awarded $45 Million For Egyptian Abrams Tank-Related Work
DTN News: General Dynamics Awarded $45 Million For Egyptian Abrams Tank-Related Work
*Source: DTN News / General Dynamics
(NSI News Source Info) STERLING HEIGHTS, Mich. - July 22, 2009: 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.US military aid finances most of Egypt's big-ticket defense procurements - $1.3 billion annually for several years. Large projects underway include the M1A1 Abrams tank manufacturing facility and the M88A2 coproduction program.
Egypt obtained US approval in 1984 to build a factory to produce new tanks. Under the initial agreement, the Egyptians would assemble 524 M1A1 tanks, and Egyptian officials hoped that this number would eventually rise to 1,500 tanks. Six production cycles were established initially, with each increment increasing the level of technology from General Dynamics Land Systems. Beginning in mid-1992, Egypt started assembling M1A1 tank components imported from the United States. Egypt manufactured about 40% and imported 60% of the components for the 555 tanks produced. The cost was estimated at $3.2 billion. The Egyptians also will produce the 120-mm cannon as well as an increasing number of parts for the tank. Egyptian officials say the goal is to make Cairo self-sufficient in tank production.
On March 11, 1999, Defense Secretary Cohen announced a $3.2 billion arms sale to Egypt that includes 24 F-16 aircraft, 200 M-1 tanks, and a Patriot missile battery. Under the proposal announced in March 1999, Egypt would assemble another 200 M1 tanks.
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.
US military aid finances most of Egypt's big-ticket defense procurements - $1.3 billion annually for several years. Large projects underway include the M1A1 Abrams tank manufacturing facility and the M88A2 coproduction program.
Egypt obtained US approval in 1984 to build a factory to produce new tanks. Under the initial agreement, the Egyptians would assemble 524 M1A1 tanks, and Egyptian officials hoped that this number would eventually rise to 1,500 tanks. Six production cycles were established initially, with each increment increasing the level of technology from General Dynamics Land Systems. Beginning in mid-1992, Egypt started assembling M1A1 tank components imported from the United States. Egypt manufactured about 40% and imported 60% of the components for the 555 tanks produced. The cost was estimated at $3.2 billion. The Egyptians also will produce the 120-mm cannon as well as an increasing number of parts for the tank. Egyptian officials say the goal is to make Cairo self-sufficient in tank production.
On March 11, 1999, Defense Secretary Cohen announced a $3.2 billion arms sale to Egypt that includes 24 F-16 aircraft, 200 M-1 tanks, and a Patriot missile battery. Under the proposal announced in March 1999, Egypt would assemble another 200 M1 tanks.
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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