GD Awarded $28 M for Future Fighting Vehicle Design Concepts

The U.S. Army TACOM Lifecycle Management Command awarded General Dynamics Land Systems a $28.2 million contract to develop several design concepts for the Future Fighting Vehicle (FFV) Phase 1 effort. General Dynamics Land Systems is a business unit of General Dynamics (NYSE: GD).

As part of the FFV Phase 1 effort, General Dynamics will develop design concepts for the next generation Infantry Fighting Vehicle (IFV). The company will conduct trade studies, requirements analysis, modeling and simulation (M&S) and assess technology capability and maturity to support each of the three design concepts.

Work will be performed by existing employees in Sterling Heights, Michigan, with an estimated completion date of November 2016.

Source: General Dynamics Corporation (NYSE: GD)
Date: Jun 2, 2015