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General Dynamics Wins $65M Contract by Colombian Ministry of National Defense for Light Armored Vehicles

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The Colombian Ministry of National Defence has awarded a USD$65.3 million contract to General Dynamics Land Systems-Canada for 24 Light Armoured Vehicles (LAVs) for the Colombian Army.  General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD).

The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Government of Canada.

This contract was a priority acquisition by the Colombian Ministry of National Defence and provides a new capability for the Army.  Vehicles provided under this contract will be the LAV III version with double-V hull technology and add-on armour that provides crew members with the latest in protection against mine blasts, IEDs and other threats.  All vehicles will be equipped with a Rafael Remote Controlled Weapon Station.  Deliveries will be completed by May 2014.

Posted-In: News Contracts


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