Monday, November 1, 2010

DTN News: General Dynamics Selected For Merkava Armored Personnel Carriers For Israel....NSI News Source Info # 1173

DTN News: General Dynamics Selected For Merkava Armored Personnel Carriers For Israel....NSI News Source Info # 1173
(NSI News Source Info) STERLING HEIGHTS, Mich. - November 1, 2010: General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), has been selected to negotiate a contract with the Israeli Ministry of Defense for Merkava Armored Personnel Carriers (APC).
The competitive procurement process was for the production of Merkava APC hulls, material kit sets and integration of the kits to the vehicle chassis. General Dynamics expects to complete contract negotiations by the end of this year.
Production will be performed at the Joint Systems Manufacturing Center in Lima, Ohio. The base contract will be completed by March 2015 or extend to November 2019 if all options are exercised.
The Merkava series of tanks dates to the 1960s, when Israel drew up plans to remove its military-industrial complex from reliance on foreign factories. Israel's economy and national reserves, backed by U.S. military grant aid, allowed it to purchase nearly any land, sea, or air platform and weapon from friendly nations, but Israel's infrastructure was not capable of producing those items domestically.
http://defense-technologynews.blogspot.com/2010/11/dtn-news-general-dynamics-selected-for.html

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