General Dynamics Awarded $64 Million for Tank Upgrades

STERLING HEIGHTS, Mich. – The U.S. Army TACOM Lifecycle Management Command has awarded $63.7 million to General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), to upgrade 180 tanks under the Abrams Improved Systems Enhancement Package (SEP) Reset (ISR) program.

As part of the reset program, M1A2 SEP Version One tanks are upgraded to the SEP Version Two configuration, which includes improved displays, sights, power, and a tank-infantry phone.

The M1A2 SEP Version Two is the most technologically advanced Abrams tank and can accommodate future technology improvements to ensure compatibility with the Army’s Future Combat Systems. Work will be performed in Anniston, Ala.; Tallahassee, Fla.; Sterling Heights, Mich.; and Scranton, Pa. Work is expected to be completed by September 2010.

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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