General Dynamics (GD) Unit Awarded $125M Contract by Army TACOM for 73 LAVs
The U.S. Army TACOM Life Cycle Management Command has awarded a $126 million contract modification to General Dynamics Land Systems-Canada for 73 Light Armored Vehicles (LAVs) for a Foreign Military Sale (FMS). With this latest contract modification, the original contract, announced on January 4, 2011, is now valued at USD$264 million for 155 LAVs. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD).
The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- Notable Analyst Rating Changes 05/24: (PPG) (WPI) (DUK) Upgraded; (BHI) (HGSI) (COG) Downgraded
- Delphi Automotive (DLPH) in Talks with FCI to Buy Motorized Vehicles Unit
- Auxilium (AUXL) Files Suit Against Watson (WPI) Over Testim 1% Gel
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

Down)