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November 10, 2008 |
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General Dynamics Awarded $58 Million for Engineering Work on
Saudi Tank
STERLING HEIGHTS, Mich. – General Dynamics Land Systems has
been awarded $58.3 million to design the new Saudi M1A2 (M1A2S) Abrams tank for
the Kingdom of Saudi Arabia. The Foreign Military Sales (FMS) contract 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).
Under this engineering contract, General Dynamics will design, develop, convert,
implement and test a hybrid configuration of the M1A1, M1A2 and M1A2 System
Enhancement Package (SEP) tank variants for the Kingdom of Saudi Arabia. The
M1A1S vehicles will possess defined capabilities that increase lethality while
limiting obsolescence. The engineering work will be performed in Sterling
Heights.
Related contracts are expected to be awarded through FMS under the multiphase
Royal Saudi Land Forces M1A2S program that will fund additional engineering
work, production and modification to vehicles, and plant retooling.
General Dynamics, headquartered in Falls Church, Va., employs approximately
91,200 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.gd.com.
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