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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction
ATCO 15.480.0%Mar 28 5:00 PM EST

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To: SunAge who started this subject6/15/2004 3:45:07 PM
From: Savant   of 2062
 
RT-Prime candidates for more LRADS..Stryker order for GD
General Dynamics Awarded $74 Million Order for Support of 2nd Stryker Brigade Combat Team

STERLING HEIGHTS, Mich., June 15 /PRNewswire-FirstCall/ -- The U.S. Army
Tank-Automotive and Armaments Command has awarded General Dynamics Land
Systems, a business unit of General Dynamics (NYSE: GD), a $74 million
delivery order as part of a $315 million contract for support of the 2nd
Stryker Brigade Combat Team (SBCT). This contract calls for contractor
logistics support, equipment and spare parts necessary to maintain the Brigade
Combat Team's operational readiness.
Stryker is the U.S. Army's highest-priority production combat vehicle
program. The Stryker is the centerpiece of the Army's ongoing transformation.
The eight-wheeled combat vehicle is significantly lighter and more
transportable than existing tanks and armored vehicles. Stryker fulfills an
immediate requirement to equip a strategically and operationally deployable
brigade capable of rapid movement anywhere in the world in a combat-ready
configuration. A total of 2,131 Strykers will be fielded to six SBCTs and the
training base.
There are two main Stryker variants -- the Infantry Carrier Vehicle (ICV)
and the Mobile Gun System (MGS). The ICV has eight additional configurations,
seven of which are in production. The MGS and NBC Reconnaissance Vehicle
(NBCRV) are in development and are scheduled to begin delivery in 2005.

General Dynamics, headquartered in Falls Church, Virginia, employs
approximately 68,400 people worldwide and anticipates 2004 revenue of $19
billion. The company is a market leader in mission-critical information
systems and technologies; land and expeditionary combat systems, armaments and
munitions; shipbuilding and marine systems; and business aviation. More
information about the company can be found at generaldynamics.com

SOURCE General Dynamics Land Systems

/CONTACT: Karl G. Oskoian of General Dynamics Land Systems,
+1-586-825-7980, Cell: +1-586-864-5894, or oskoiank@gdls.com/

/Web site: gdls.com
generaldynamics.com /

Jun-15-2004 19:36 GMT
Symbols:
US;GD
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