General Dynamics (NYSE: GD) has received a contract to supply 352 Stryker vehicles from the U.S. Army. General Dynamics (NYSE: GD) will supply the vehicles to the Army's TACOM Lifecycle Management Command. Production on the vehicles will take place in Anniston, Alabama; Sterling Heights, Michigan; Lima, Ohio; and London, Ontario, Canada with deliveries dates starting in July 2010. The Stryker program contract was initially awarded to GD in 2000. They have already delivered 2,988 vehicles and trained 18,438 soldiers in their operation.
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The Stryker is an eight-wheel drive combat vehicles that can travel over 60 mph with a range of 312 miles. The Stryker is the army's highest priority production combat vehicle. It operates with an armored vehicle package protecting soldiers against explosions, rocket propelled grenades and several other infantry weapons.
General Dynamics, headquartered in Falls Church, Va., employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies.
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