General Dynamics Wins $243M Contract for Stryker Combat Vehicles

The U.S. is likely to receive a foreign military sale request from Iraq for up to 30 General Dynamics Corp. (NYSE:GD) Stryker vehicles for $25 million, Tony Capaccio reports for Bloomberg. The deal could be the first foreign military sale for the Stryker, an eight-wheeled combat vehicle developed for the U.S. Army and considered a major

The US Army has awarded General Dynamics a contract to carry out work on Stryker Combat vehicles. The contract, worth $134 million, is expected to be completed by the end of June 2010. Under the contract, General Dynamics Land Systems will engineering work and enhancements along with design work for up to 550 Stryker vehicles

General Dynamics will reset 330 Stryker Vehicles in a $55 million reset contract awarded to them by the U.S. Army. Through the contract, General Dynamics will service, repair, and modify the Stryker infantry combat vehicles that are returning from combat in Iraq. The refurbishment will be conducted by General Dynamics Land Systems and will return