
Spain has awarded General Dynamics' [GD] joint venture with Spanish defense manufacturer Santa Bárbara Sistemas (GDELS-SBS) an $870 million deal to deliver nearly 350 8x8 Wheeled Combat Vehicles, the company announced Tuesday. GD European Land Systems (GDELS) said the combat vehicle deal may eventually be worth over $2 billion and cover around 1,000 vehicles. “We sincerely thank the Spanish Ministry of Defense (MoD) for its confidence in our vehicle platform, our engineering, and industrial capabilities. As a reliable partner, GDELS-Santa…