Tuesday, July 21, 2009

General Dynamics Awarded $45 Million for Egyptian Abrams Tank-Related Work

General Dynamics Awarded $45 Million for Egyptian Abrams Tank-Related

July 21, 2009

STERLING HEIGHTS, Mich., July 21, 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.

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

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

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