![]() ![]() Some of BAE Systems’ combat vehicles include the Armored Multi-Purpose Vehicle, CV90, CV90MkIV, CV90 IFV, etc. Other defense majors that are likely to benefit are BAE Systems BAESY, Northrop Grumman NOC and Raytheon Technologies RTX.īAE Systems designs, manufactures, upgrades and supports tracked, specialty-tracked, and wheeled and amphibious combat vehicles. This will allow the platform to adopt and incorporate transformative capabilities into the future. The company is also developing an Abrams SEPv4 configuration with additional advanced capabilities, incorporating next-generation electronic architecture technology. GD is maximizing the effectiveness and lethality of the Army’s tank fleet with next-generation Abrams upgrades, providing technological advancements in communications, power generation, fuel efficiency, optics and armor. The company strives to continuously improvise on the platform and provide an upgraded version to its customers. Army’s warfighting capabilities - the M1A2Abrams main battle tank and the Stryker wheeled combat vehicle. Thus, General Dynamics stands to benefit from the increased demand as its Land Systems is the sole-source producer of two foundational products central to the U.S. In such a scenario, the demand for military tanks has increased by leaps & bounds as these form an integral part of any land warfare system. Military spending has witnessed an increase in the past few years to modernize and upgrade the defense system to meet the current warfare requirements. Additionally, the SEPv3 Abrams is designed to seamlessly accept future upgrades. It sports features that are technologically advanced in communications, fire control and lethality, reliability, sustainment and fuel efficiency, along with upgraded armor. ![]() The M1A2 SEPv3 Abrams is the most advanced main battle tank. Army Contracting Command, Detroit Arsenal, MI. The contract, which is expected to be completed by Nov 29, 2024, has been awarded by the U.S. The work related to the deal will be performed in Sterling Heights, MI. Per the deal, General Dynamics will provide technical support for the Abrams tank. General Dynamics Corporation’s GD business unit, Land Systems, recently clinched a $47.6-million contract involving Abrams main battle tanks.
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