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Spain Awards $870 Million Combat Vehicle Deal To General Dynamics Joint Venture

By Matthew Beinart

Tuesday, August 25th, 2020

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Spain Awards $870 Million Combat Vehicle Deal To General Dynamics Joint Venture

General Dynamics European Land Systems' 8x8 Wheeled Combat Vehicles. Photo: GD.

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…

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