Saturday, January 09, 2010

DTN News: General Dynamics Awarded $112 Million in Stryker Contracts

DTN News: General Dynamics Awarded $112 Million in Stryker Contracts *Source: DTN News / General Dynamics (NSI News Source Info) FALLS CHURCH, Virginia - January 09, 2010: General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), was awarded an $84 million contract for battle-damage assessment, repair services and materials for Stryker brigades deployed to Iraq and Afghanistan. Stryker is a family of eight-wheel-drive combat vehicles, transportable in a C-130 aircraft, being built for the US Army by General Dynamics Land Systems - Canada (formerly General Motors Defense) and General Dynamics Land Systems Division of USA. Stryker is based on the GDLS Canada LAV III 8×8 light armoured vehicle, in service since early 2001. The LAV III is itself a version of the Piranha III built by Mowag of Switzerland, now part of GDLS - Europe. Fabrication and final assembly of the vehicles is being shared among plants at Anniston, Alabama; Lima, Ohio; and London, Ontario.
In addition, General Dynamics was awarded $28 million for 474 hull protection kits and spare parts for the Stryker family of vehicles.The contracts support the U.S. Army’s Operation Iraqi Freedom and Operation Enduring Freedom.
Work will be performed at the General Dynamics Land Systems headquarters in Sterling Heights, Mich.; at the Anniston Army Depot in Anniston, Ala.; and in Doha, Qatar. The estimated completion date for the assessment and repair of the Strykers is Dec. 31, 2010. The hull protection kits and spare parts will be delivered by Feb. 28, 2011. General Dynamics, headquartered in Falls Church, Va., employs approximately 92,300 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 General Dynamics is available online at www.generaldynamics.com.

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