General Dynamics [GD] yesterday said that it will relocate the headquarters of its European Land Systems business to Madrid from Vienna.
“The move reflects the significant concentration of current programs that we are executing for the Ministry of Defense and Armed Forces of Spain, as well as the future opportunities that we believe exist for General Dynamics and the government of Spain to work together,” Jay Johnson, GD’s chairman and CEO, said in a statement.
GD’s land systems business in Europe has four operating units in Spain, Germany, Austria and Switzerland where the various units deign and build wheeled, tracked and amphibious vehicles, amphibious bridge systems, armaments and munitions.
In Madrid the European Land Systems headquarters will be collocated with the headquarters and research and development center of its operating unit there, Santa Barbara Sistemas. The facility will support about 240 employees.