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General Dynamics Lands $253 Million Army Contract
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Posted on 02/09/10 at 2:14pm by Gordon Wilcox
General Dynamics (NYSE: GD), the defense contractor, won a $253 million contract from the U.S. Army to provide logistics support for armored vehicles.
General Dynamics said the contract will fund spare parts, maintenance of a spare-parts warehouse, repair-parts distribution and maintenance services on the Stryker series of armored vehicles.
Work on the contract will start on March 1 and last through February 2011.
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