Business

April 30, 2012

General Dynamics awarded $31 million for Abrams tank upgrades

The U.S. Army TACOM Lifecycle Management Command awarded General Dynamics Land Systems $31 million to begin upgrading 24 M1A1 Abrams main battle tanks and 22 M1A2 System Enhance Package Version One (V1) tanks to the M1A2 SEP V2 configuration.

General Dynamics Land Systems is a business unit of General Dynamics.

The most technologically advanced digital tank available, the M1A2 SEP V2 includes improved color displays, day and night thermal sights, auxiliary power and a tank-infantry phone. The configuration is a digitally connected tank with a state-of-the-art electronic backbone, powerful computers and an open architecture designed to accept future technologies without the need for significant re-design. The SEP enhancements make the Abrams the most survivable tank in the world and enable it to fight as part of the Joint Force network for decades to come.

The order authorizes the modernization of tanks that have been in the Army’s inventory for up to 20 years. Work will be performed in Anniston, Ala.; Tallahassee, Fla.; Sterling Heights, Mich.; Lima, Ohio; and Scranton, Penn., with an estimated completion date of November 30, 2014.

This award maintains the stability of the U.S. combat vehicle industrial base and helps protect critical commercial defense resources. Abrams production helps preserve a strong national industrial base of approximately 882 suppliers, 64 percent of which are small businesses, as well as a strong national defense.




All of this week's top headlines to your email every Friday.


 
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 

 

Raytheon SM-6s intercept targets in ‘engage on remote’ tests

During the U.S. Navy’s Combat Ship System Qualification Trials, the USS Chancellorsville (CG 62) tested two Raytheon Standard Missile-6 interceptors against anti-ship and cruise missile targets. As part of ‘engage on remote’ scenarios, the ship launched the SM-6 interceptors prior to its own radars ‘seeing’ the incoming threats, using targeting information from ano...
 
 

General Dynamics receives $19 million contract for submarine planning services

The U.S. Navy has awarded General Dynamics Electric Boat an $18.9 million contract modification to perform reactor-plant planning yard services for nuclear submarines and support-yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics. Initially awarded in November 2011, the contract has a potential value of $121.2 million through...
 
 

Passenger jets push Boeing’s profit up 18 percent

Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year. On a per-share basis, the Chicago-based company said it had a profit of $1.86. Adjusted for non-operating costs, earnings came to $2.14 per share, better than...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>