General Dynamics Receives $189 Million Order for Mine-Protected Vehicle Work
STERLING HEIGHTS, Mich. – General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has received a $188.8 million work order from Force Protection Inc. to produce 401 vehicles for the U.S. Marine Corps’ Mine Resistant Ambush Protected (MRAP) vehicle program.
Force Protection (Nasdaq: FRPT) and General Dynamics have a partnership to share in the production and program management of the MRAP contact.
Force Protection was previously awarded a $376.6 million contract to produce 800 vehicles for the MRAP program. The latest MRAP delivery order purchases Force Protection’s category I 4X4 and category II 6X6 Cougar vehicles. Fabrication and assembly will be performed in Anniston and Oxford, Alabama; Charlotte, Michigan; Ladson, South Carolina; Lima, Ohio; Kings Point, North Carolina; and Sealy, Texas.
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