Denmark Selects GDELS PIRANHA 5 for Armoured Personnel Carrier Replacement Program

General Dynamics European Land Systems S.L. (GDELS), through its Switzerland-based subsidiary GDELS-Mowag, has been notified by the Ministry of Defense of Denmark that the PIRANHA 5 Armoured Infantry Fighting Vehicle has been selected as the new armoured personnel carrier (APC) for the Danish Armed Forces.

The contract from the Danish Ministry of Defense will include the acquisition of a minimum of 206 new armoured personnel carriers, with the exact number to be determined at a later date.

"General Dynamics European Land Systems is very proud to have been selected to supply its PIRANHA 5 to the Danish Armed Forces as it underlines the confidence and satisfaction of our Danish customer," said Alfonso Ramonet, president of General Dynamics European Land Systems. "General Dynamics European Land Systems looks forward to a close and cooperative relationship with the Danish Ministry of Defense in their selection of a new generation of armored vehicles.

"We are confident that this program and the PIRANHA 5 in particular will guarantee the best protection for the Danish troops and provide the best value for the Danish industrial base. We will work with the Danish Ministry of Defense, our local industry partner Falck Schmidt Defense Systems and other Danish industry to provide the best solution and to meet our customer's requirements on turn-around time, on-time delivery, cost-effective support and best value," said Ramonet.

Facts about the PIRANHA 5
The wheeled PIRANHA 5 is technologically one of the most advanced armoured wheeled vehicles, built on international battlefield experience. The inherent growth potential and power reserves will provide the Danish Armed Forces the ability to upgrade the vehicle over the lifetime in accordance with new evolving requirements in the future. It builds on the heritage of the PIRANHA vehicle family already in service with the Danish Armed Forces, which has been proven in international operations.

Source: General Dynamics Corporation (NYSE: GD)
Date: May 7, 2015