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News Watch
- 2/9/2010 11:02:16 AM
By Chip Brian, SmarTrend Analytics Team
2/9/2010-Shares of General Dynamics (NYSE:GD) are trading 0.8% higher to $66.91 Tuesday after an announcement that its General Dynamics Land Systems unit was awarded a $253 million for contractor logistics support of the Stryker family of combat vehicles by the U.S. Army TACOM Lifecycle Management Command.
The contract was awarded January 28, 2010 and funds contractor support of U.S. Army Stryker Brigade Combat Teams in the United States and abroad, including: ordering spare parts, managing a spare-parts warehouse, worldwide distribution of repair parts and completing maintenance services on the vehicle fleet.
Contact Chip Brian
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