GD Awarded $41 M for RG-31 MRAP Spare Parts

(London, Ontario, Canada) -- U.S. Marine Corps Systems Command (MCSC) has awarded General Dynamics Land Systems-Canada a USD$41.5 million delivery order modification for spare parts in support of RG-31 Mk5E vehicles under the 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).

These parts will be used to support vehicles that are being manufactured under a delivery order awarded to General Dynamics Land Systems-Canada on February 17, 2010, for 250 RG-31 Mk5E vehicles for the MRAP program. In total, 1,652 RG-31 vehicles have been ordered under the MRAP program.

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

Source : General Dynamics Corporation (NYSE: GD)