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General Dynamics Awarded Contracts To Upgrade Saudi Arabian Tanks

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General Dynamics [GD] recently said it recently was awarded two contracts worth $44 million for Saudi Arabia's tank program. The contracts, awarded by the U.S. Army TACOM Lifecycle Management Command on behalf of the Royal Saudi Land Forces, are part of a plan by the to upgrade the Kingdom's fleet of 314 tanks. The first contract of $37.1 million is to provide materials and labor for the conversion of 42 M1A2 tanks to an M1A2S configuration. The M1A2S will possess…

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