Tag Archives: Abrams M1A2 tank

State Dept Clears $1.7B Main Battle Tank Recapitalization Deal for Kuwait

The State Department has approved Kuwait’s request to buy equipment and support services for the recapitalization of 218 General Dynamics-built (NYSE: GD) Abrams M1A2 main battle tanks under a potential $1.7 billion foreign military sales agreement with the U.S. government. The Defense Security Cooperation Agency said Tuesday the deal covers 240 .50 Cal M2A1 machine guns, 480 7.62mm M240 …

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General Dynamics Lands $92M Army Contract to Produce Abrams Tanks

General Dynamics’ (NYSE: GD) land systems business unit has secured a potential two-year, $92 million contract to build six Abrams M1A2 battle tanks for the U.S. Army. The Army Contracting Command awarded the fixed-price-incentive contract and will obligate $20 million from other procurement funds for fiscal 2015 at the time …

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