US Army Awards GD $81 M for Abrams Tank Upgrades

(Sterling Heights, Mich., February 2, 2009) -- The U.S. Army TACOM Life Cycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a multi-year contract valued at $81 million to upgrade 30 M1 Abram tanks to the M1A2 Systems Enhancement Package Version 2 (SEPv2) configuration.

The most technologically advanced digital tank, the M1A2 SEP V2 includes improved displays, sights, auxiliary power and a tank-infantry phone. It also can accommodate future technology improvements to ensure compatibility with the Army's Future Combat Systems.

Source : General Dynamics Corporation (NYSE: GD)