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General Dynamics to Form JV for Romania-Based Production of Piranha Armored Vehicles

TYSONS CORNER, VA, Oct. 16, 2017 — General Dynamics (NYSE: GD) has entered into a cooperation agreement with Romania’s government to facilitate the in-country production of armored vehicles in partnership with Uzina Mecanica Bucharest, ExecutiveBiz reported Friday.

Govnet reported Tuesday the agreement and memorandum of understanding covers the creation of a General Dynamics joint venture with the state-owned plant to manufacture and deliver Piranha 5 armored vehicles to the Romanian military.

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