General Dynamics Awarded $374 Million Light Armoured Vehicle Lifecycle Support Contract by the Government of Canada

    LONDON, ON, July 11 /CNW/ -- The Government of Canada has awarded a
contract valued at $374 million (US $367 million) to General Dynamics Land
Systems-Canada for a full range of lifecycle support services for the Canadian
Forces fleet of Wheeled Light Armoured Vehicles. General Dynamics Land
Systems, the Canadian company's parent corporation, is a business unit of
General Dynamics (NYSE:   GD)
    Services provided under this contract include fleet management, supply
support, repair and overhaul, major vehicle repair, obsolescence management,
and engineering and technical services. The contract will cover a period of
five years commencing on June 1, 2008, with additional option years to be
exercised at the discretion of the government. This is the second phase of a
lifecycle support contract originally awarded in April 2004 and successfully
completed in May 2008.
    Dr. Sridhar Sridharan, senior vice-president of General Dynamics Land
Systems-Canada said, "This represents the continuation of a
government-industry partnership that has been working effectively for over 30
years. With such a large installed fleet of our vehicles in Canada, it is
important for us to provide effective and timely support to our Canadian
customer." General Dynamics Land Systems-Canada is the original equipment
manufacturer for the Bison, Coyote and LAV III vehicles supported by this
    Lifecycle support continues to be an important part of General Dynamics
Land Systems-Canada's overall business and has grown significantly over the
last several years. In addition to expanded facilities in London, the company
has established a new facility in Edmonton and a fleet management team that
supports the Department of National Defence on site in Ottawa. Additional
support is also provided through a network of Canadian suppliers located from

    General Dynamics Land Systems-Canada, located in London, Ontario, Canada
is a business unit of General Dynamics Land Systems of Sterling Heights,
Michigan. For over 30 years, more than 1,800 highly skilled technical
employees have designed, manufactured, delivered and supported to global
customers a unique family of light armoured vehicles (LAV). More information
on the company is available at

    General Dynamics, headquartered in Falls Church, Virginia, employs
approximately 84,000 people worldwide and reported 2007 revenues of
$27.2 billion. The company is a market leader in business aviation; land and
expeditionary combat systems, armaments and munitions; shipbuilding and marine
systems; and mission-critical information systems and technologies. More
information about the company is available on the Internet at

For further information:

For further information: Ken Yamashita of General Dynamics Land
Systems-Canada, (519) 964-5813, or Fax, (519) 964-5488,, Web

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