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原題 General Dynamics Secure $19 Mln. Stryker-related U.S. Army Contract - Update
日時 2006年5月17日 01:58 PM
筆者 RTTNews
他掲載媒体 不明
発信地 不明
内容

Wednesday, General Dynamics Land Systems, unit of General Dynamics (GD | charts | news | PowerRating) revealed obtaining a $19 million contract from the U.S. Army TACOM Lifecycle Management Command, related to Stryker eight-wheeled combat vehicle contracts.

The Falls Church, Virginia-based company indicated the first order of $5.9 million is to provide a brigade set of Stryker add-on armor slat kits and related hardware, the work of which is to be carried out in Ohio, Michigan, and Ontario, for completion by September 30, 2008. The second, amounting to $8.1 million, is a contract modification for Stryker contractor logistics support to set up a Remote Weapons Station Block I spare parts pipeline. This work is to be done in Auburn, Washington and complete by December 31, 2006. The third, for $5 million, is also contract modification for contractor logistics support to Stryker Brigade Combat Teams, positioned outside the United States. The work, to be completed by December 31, 2006, will be carried out in Southwest Asia.

Stryker, an eight-wheel-drive combat vehicle, can reach highway speeds of 62 mph with a range of 312 miles. Stryker is equipped with C4ISR equipment, with an armor package protecting soldiers from crude explosive devices, rocket propelled grenades, and other infantry weapons. The Stryker, with a fleet operational readiness of over 96%, has done over 6 million miles in Iraq operations.

GD is losing $1.66 or 2.57% and currently trades at $63.01, on a volume of 1.22 million shares.
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