The U.S. Army TACOM Life Cycle Management Command has awarded a USD$52.3 million contract modification to General Dynamics Land Systems-Canada to develop upgrades in support of the U.S. Marine Corps Light Armored Vehicle (LAV) Mobility and Obsolescence (MOB) Upgrade and Integration Program. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD).
The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.
Under this contract, General Dynamics will develop a fully integrated replacement power pack, suspension, driveline, steering system and upgraded electrical components. The work scope includes the development and delivery of engineering and logistics data, as well as test support and delivery of prototypes. Work under this contract will continue until May 2017.
Source: General Atomics
Date: May 19, 2014