(Reuters) -General Dynamics said on Monday that its Europe unit has secured a contract for about 3 billion euros ($3.50 billion) to deliver next-generation reconnaissance vehicle for the German Army
General Dynamics Wins €3 Billion Contract for German Scout Vehicles
Overview of the Contract
(Reuters) -General Dynamics said on Monday that its Europe unit has secured a contract for about 3 billion euros ($3.50 billion) to deliver next-generation reconnaissance vehicle for the German Army Reconnaissance Corps.
Details of the Scout Vehicle
The contract was commissioned to General Dynamics European Land Systems by the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw).
Related Military Contracts
The company said the scout vehicle system features state-of-the-art, networked reconnaissance sensor technology, superior mobility, and assertiveness.
U.S. Army Contracts
The news comes after Reuters reported, citing finance ministry documents, that the German government would order armoured vehicles for almost 7 billion euros.
German Government Procurement Plans
Earlier this month, the company secured a $1.25 billion IT contract to support the U.S. Army in Europe and Africa. In September, it secured a $1.5 billion contract from the U.S. Strategic Command, or STRATCOM.
($1 = 0.8575 euros)
(Reporting by Anshuman Tripathy in Bengaluru; Editing by Maju Samuel)
