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General Dynamics Receives $395 Million For Egyptian Tank Work

General Dynamics [GD] Land Systems has received a $395 million contract for work under the Egyptian tank co-production program.  The contract, issued by the Army TACOM Lifecycle Management Command, has awarded the funds for production of 125 M1A1 Abrams tank kits for the 11th increment of the Egyptian co-production program. Since 1992, General Dynamics has provided components for kits used in the co-production program. The parts are shipped to a production facility near Cairo, Egypt, where the tanks are manufactured…

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