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February 3, 2014
10:01 EDTGDGeneral Dynamics awarded $73M for Abrams Tank production
The U.S. Army TACOM Lifecycle Management Command has awarded General Dynamics Land Systems $72.7M under an existing contract to upgrade 12 M1A1 Abrams tanks to the M1A2 Systems Enhancement Package, or SEP, V2 configuration. General Dynamics Land Systems is a business unit of General Dynamics. The most technologically advanced digital tank, the M1A2 SEP V2 includes improved color displays, day and night thermal sights, commander remote operated weapon station, a Thermal Management System and a tank-infantry phone. The M1A2 SEP V2 maximizes the fighting ability of the tank on today's battlefield while preparing the platform for tomorrow's challenges. The original multi-year contract was awarded in February 2008, which authorized the upgrade of 435 M1A1 tanks that have been in the Army's inventory for more than 20 years. General Dynamics is continuing the conversion of the tanks in the Army's active component to the M1A2 SEP V2 configuration. Production is expected to be completed by December 31, 2015.
News For GD From The Last 14 Days
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March 25, 2015
10:00 EDTGDOn The Fly: Analyst Upgrade Summary
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08:08 EDTGDGeneral Dynamics upgraded at RBC Capital
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06:19 EDTGDGeneral Dynamics upgraded to Outperform from Sector Perform at RBC Capital
March 23, 2015
08:13 EDTGDBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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March 17, 2015
13:01 EDTGDGeneral Dynamics unit selected for $1.3M task order
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