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General Dynamics Land Systems, a business unit of General Dynamics (GD), said that it has received a $4.6 billion fixed-price-incentive contract from the U.S. Army to produce M1A2 SEPv3 Abrams main battle tanks.


RTTNews | Dec 23, 2020 10:12AM EST

10:12 Wednesday, December 23, 2020 (RTTNews.com) - General Dynamics Land Systems, a business unit of General Dynamics (GD), said that it has received a $4.6 billion fixed-price-incentive contract from the U.S. Army to produce M1A2 SEPv3 Abrams main battle tanks.

The company noted that work locations and funding will be determined with each order, with an estimated completion date of June 17, 2028. The first delivery order is valued at an estimated $406 million.

The SEPv3 configuration further modernizes the tank that has set the global standard for four decades. With its manually loaded, 120mm M256 smoothbore cannon, the Abrams can overmatch against armored vehicles, personnel and even low-flying aircraft.

Read the original article on RTTNews ( https://www.rttnews.com/3155969/general-dynamics-gets-4-6-bln-us-army-contract-on-abrams-main-battle-tanks.aspx)

For comments and feedback: contact editorial@rttnews.com

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