BAE and GD Win $1B in Army Contracts

The U.S. Department of Defense announced yesterday that it has awarded two metro Detroit defense firms nearly $1 billion in contracts to develop combat vehicles for the Army.

Troy, MI-based BAE Systems Land and Armaments was awarded a contract worth almost $449.9 million to develop technology for the Army’s Ground Combat Vehicle Infantry Fighting Vehicle at facilities in Troy; Detroit; Waltham, MA; and Madison, AL.

The Sterling Heights, MI-based General Dynamics Land Systems was awarded a contract worth $439 million to develop technology for the Army’s Ground Combat Vehicle Infantry Fighting Vehicle at facilities in Sterling Heights; Detroit; Dallas, TX; Plano, TX; and Taunton, MA.

Work on both projects is expected to be completed in June 2013.

Sarah Schmid Stevenson is the Custom Content Editor for Xconomy Insight. You can reach her at sschmid@xconomy.com. Follow @Xconomy

Trending on Xconomy