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General Dynamics Lands $72M Army Logistics Contract Modification for Iraq’s Combat Vehicles

ABRAMS M1A1 MAIN BATTLE TANKGeneral Dynamics’ (NYSE: GD) land systems business unit has secured a potential one-year, $72.5 million contract modification from the U.S. Army to provide training and logistics support for Iraq’s Abrams M1A1 battle tanks and M88 recovery vehicles.

The Army Contracting Command will obligate funds and determine work locations upon award of each task order under the foreign military sales agreement, the Defense Department said Thursday.

The company will perform contract work through Dec. 31, 2016, according to DoD.

The M1A1 tank uses a 1, 500-horsepower gas turbine engine and has automatic fire detection and suppression system, laser rangefinder, nuclear biological chemical platform and a 120-millimeter XM256 smooth bore cannon system designed to fire at enemy targets.

The M88 vehicle is built to recover tanks and other armored vehicles on the battlefield.

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