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General Dynamics Unit Awarded $415M to Supply Army Vehicle Items

A General Dynamics (NYSE: GD) business unit has secured a $414.8 million contract modification to provide multiple items used in U.S. Army ground vehicles.

General Dynamics Land Systems will deliver the articles for the branch’s family of light armored vehicles, Abrams main battle tanks, Stryker family of vehicles, Buffalo and Cougar mine-resistant ambush protected vehicles and the RG-31 multi-role armored vehicle, the Department of Defense said Monday.

The Defense Logistics Agency issued the award to modify a firm-fixed-price indefinite-delivery/definite-quantity contract with a five-year performance period and a four-year option.

Orders will be funded using Army working capital funds for fiscal year 2022 through fiscal 2027.

The ordering period is scheduled to end Sept. 28, 2029.

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