Marines add $28.6M to General Dynamics contract

Thu, 04/08/2010 - 11:30am
The Associated Press

The U.S. Marine Corps Systems Command said Thursday it has awarded an additional $28.6 million to a Canadian subsidiary of defense contractor General Dynamics for new mine-resistant vehicles.

General Dynamics Land Systems-Canada, located in London, Ont., got a $227.4 million contract in February to produce 250 RG-31 Mk5E vehicles for the Marines. The money will be used to upgrade those vehicles and pay for engineering costs, the company said.

The vehicles will be built at a BAE Systems plant in South Africa. Delivery is expected by October.

General Dynamics shares fell 61 cents to $77.08 in afternoon trading.


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