General Dynamics Corporation (NYSE:GD) said its unit General Dynamics European Land Systems – Steyr (GDELS) secured a contract to supply 225 additional PANDUR 6×6 EVO wheeled armored vehicles to the Austrian Armed Forces.
The contract is valued at €1.2 billion (equivalent to $1.3 billion), initially. GDELS currently has a contract for 100 PANDUR EVO vehicles, with the third batch in production and delivery.
As of the end of December 2023, General Dynamics’ long-term debt …