A General Dynamics-led (NYSE: GD) team has won a $439.7 million contract for the technology development phase of the U.S. Army’s ground combat vehicle infantry fighting vehicle program.
Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will team with General Dynamics to fulfill the program’s goal of producing an affordable and operational infantry fighting vehicle in seven years.
The team will design a vehicle that provides protection, lethality, network interoperability and mobility for a nine-soldier squad.
Contract deliverables include:
- rocket-propelled grenade protection subsystem prototype
- mine blast subsystem prototype test article
- technical documentation and associated data
Lockheed will provide the turret, lethal and non-lethal effects and embedded training and Raytheon will provide RPG protection system, indirect-vision and sensor integration.
General Dynamics’ C4 systems business unit has responsibility for network integration, communications, computing and information assurance.
