scoone
02-04-2004, 12:35 PM
January 28, 2004
Jeanine Herbst
Contributing Writer
General Dynamics owes the Spanish Army a big "gracias." The Falls Church-based defense contractor won two contracts worth $672 million to build new armored vehicles and upgrade existing ones.
Under one contract, worth $640 million, General Dynamics will make 212 Pizarro Infantry fighting vehicles over the next eight years. The second contract, worth $33 million, has General Dynamics upgrading 95 BMR wheeled armored vehicles.
In this phase of the program, General Dynamics will make 170 infantry/cavalry combat vehicles, plus 42 specialized variants, including five command post vehicles, 28 forward observer vehicles, eight recovery vehicles and one combat engineer vehicle.
The work will be done by the company's Madrid-based Santa Barbara Sistemas unit, a company General Dynamics bought for nearly $6 million in 2001. Sistemas has already delivered 144 vehicles to the Spanish Army in the first phase of the Pizarro program.
http://washington.bizjournals.com/washington/stories/2004/01/26/daily20.html
Jeanine Herbst
Contributing Writer
General Dynamics owes the Spanish Army a big "gracias." The Falls Church-based defense contractor won two contracts worth $672 million to build new armored vehicles and upgrade existing ones.
Under one contract, worth $640 million, General Dynamics will make 212 Pizarro Infantry fighting vehicles over the next eight years. The second contract, worth $33 million, has General Dynamics upgrading 95 BMR wheeled armored vehicles.
In this phase of the program, General Dynamics will make 170 infantry/cavalry combat vehicles, plus 42 specialized variants, including five command post vehicles, 28 forward observer vehicles, eight recovery vehicles and one combat engineer vehicle.
The work will be done by the company's Madrid-based Santa Barbara Sistemas unit, a company General Dynamics bought for nearly $6 million in 2001. Sistemas has already delivered 144 vehicles to the Spanish Army in the first phase of the Pizarro program.
http://washington.bizjournals.com/washington/stories/2004/01/26/daily20.html