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General Dynamics Land Systems (NYSE:GD) awarded ~$210.34M hybrid contract for the purchase, warehousing, repair, issue, shipment, disposal, obsolescence management and configuration management of parts to support the Stryker Brigade Combat Team.
Work will be performed in Sterling Heights, Michigan, with an estimated completion date of Feb. 28, 2030.
Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity.
The stock price moved 2% higher on Wednesday during pre-market hours of trading.