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General Dynamics bags $414M defense logistics contract modification

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  • General Dynamics Land Systems (NYSE:GD) has been awarded a maximum ~$414.77M modification (P00005) to a five-year base contract (SPE7LX-21-D-0110) with one four-year option period.
  • Contract pertains for multiple items used in the Abrams Main Battle Tank, Stryker Family of Vehicles, Light Armored Vehicle Family of Vehicles, Cougar, Buffalo and RG-31.
  • This is a firm-fixed-price, ID/IQ contract with expected delivery order end date of Sept. 28, 2029.
  • The contracting activity is the Defense Logistics Agency Land and Maritime, Columbus, Ohio.

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