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General Dynamics Wins $253 Million Army Stryker Support Contract

February 10, 2010 (FinancialWire) — The U.S. Army has awarded General Dynamics’ (NYSE: GD) Land Systems unit $253 million for contractor logistics support of the Stryker line of combat vehicles. Logistics support, vehicle resets and upgrades are a continuing portion of General Dynamics’ combat systems-related business.

The contract, awarded on January 28, funds contractor support of U.S. Army Stryker Brigade Combat Teams in the United States and overseas. It includes ordering spare parts, managing a spare-parts warehouse, worldwide distribution of repair parts and completing maintenance services on the Stryker vehicle fleet.

Work will be performed by existing General Dynamics employees in Alaska, Hawaii, Michigan, Pennsylvania, Texas, Washington, and overseas in Afghanistan, Germany, Iraq and Kuwait. The period of performance is March 1, 2010 through February 28, 2011.

Virginia-based General Dynamics employs approximately 91,700 people worldwide

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