GD to Supply 250 RG-31 MRAP Vehicles to US Defense Department

(London, Ontario, Canada., February 17, 2010) -- U.S. Marine Corps Systems Command (MCSC) has awarded General Dynamics Land Systems-Canada a $227.4 million delivery order to produce 250 RG-31 Mk5E vehicles for its Mine Resistant Ambush Protected (MRAP) vehicle program. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD).

Vehicle production will occur at BAE Systems Land Systems OMC of Benoni, South Africa. Deliveries will be completed by October 2010.

This contract is in addition to the 1,402 RG-31 Mk5 vehicles already supplied by General Dynamics under the MRAP program. Separately, an additional 584 RG-31s were previously ordered by the U.S. Army TACOM Life Cycle Management Command for route-clearance vehicles.

"We appreciate the confidence that the U.S. military has in the RG-31 vehicle, as they conduct their missions in a dangerous and uncertain environment," said Dr. Sridhar Sridharan, senior vice-president of General Dynamics Land Systems-Canada. "We are pleased to have the opportunity to once again assist in protecting the lives of U.S. soldiers."

The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.

Source : General Dynamics Corporation (NYSE: GD)