Marines add $28.6M to General Dynamics contract
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.