General Dynamics (GD) Awarded $34 Million for M1A1 Abrams Tank Upgrades
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The U.S. Army TACOM Lifecycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a $34 million delivery order for 30 M1A1 Abrams Integrated Management (AIM) main battle tanks. The contract includes an option for 30 additional AIM vehicles, bringing the total potential award value to $69.5 million.
General Dynamics, headquartered in Falls Church, Va., employs approximately 84,600 people worldwide and anticipates 2008 revenues of approximately $29.5 billion.
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