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General Dynamics Gets Two $1.36B Contracts for Army Stryker Logistics, Repair Services

General Dynamics’ (NYSE: GD) land systems business has secured two separate five-year contracts worth $1.36B each to provide support services for the U.S. Army’s Stryker combat vehicles.

The Department of Defense said Thursday the company will provide damage repair, reset-refurbishment and retrofit support services for the Strykers under the first cost-plus-fixed-fee contract, while the other contract covers wholesale supply and logistics services for the vehicles.

Work will run through Feb. 28, 2024 and Army Contracting Command will determine work locations and obligate funds upon award of each task order.

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