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Tag Archives: M1A2 Abrams

McAleese & Associates: General Dynamics Projects 2019 CapEx to Rise to $1.2B Driven by Submarine Programs

A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in …

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State Dept OKs $1.08B in TOW 2B Missile, Maintenance Requests From Saudi Arabia

The State Department has approved Saudi Arabia’s request to buy TOW 2B missiles, repair parts and spares for combat vehicles and maintenance support services for its fleet of helicopters under three foreign military sales agreements worth approximately $1.08 billion combined. Saudi Arabia requested to procure Raytheon-built (NYSE: RTN) TOW 2B missiles …

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General Dynamics Rolls Out 1st Abrams Tank System Enhancement Package v3 to Army

TYSONS CORNER, VA, Oct. 11, 2017 — General Dynamics (NYSE: GD) has delivered the first of six initial production units of the latest M1A2 Abrams main battle tank with updated electronics, weapons and protection systems to the U.S. Army, ExecutiveBiz reported Tuesday. The service branch said Monday the M1A2 System Enhancement Package Version 3 …

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General Dynamics to Modernize Army Abrams Tanks Under Potential $311M Contract

General Dynamics (NYSE: GD) has received a $310.6 million contract to design, develop and integrate multiple engineering changes into the U.S. Army‘s M1A2 Abrams main battle tank. The Defense Department said Friday General Dynamics’ land systems business will support the Abrams M1A2 System Enhancement Package Version 3 program that aims to increase the network …

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General Dynamics Lands $270M Award to Install, Integrate Main Battle Tank Components

General Dynamics (NYSE: GD) has received a potential two-year, $270.2 million contract to help the U.S. Army install and integrate legacy unique components into M1A2 Abrams main battle tanks. The Defense Department said Monday the company will also support the procurement, stocking and storage of SEPv2 legacy and SEPv3 unique component sets as …

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