General Dynamics’ Unit Wins $1.3B Contract To Supply Armored Vehicles To Austrian Armed Forces



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 …

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