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Press release from PR Newswire

General Dynamics Awarded $133 Million to Upgrade 66 Additional LAV III Vehicles by the Government of Canada

Friday, November 09, 2012

General Dynamics Awarded $133 Million to Upgrade 66 Additional LAV III Vehicles by the Government of Canada15:30 EST Friday, November 09, 2012EDMONTON, Alberta and LONDON, Ontario, Nov. 9, 2012 /PRNewswire/ -- The Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, announced today that the Government of Canada has awarded a contract modification valued at $133.5 million to General Dynamics Land Systems-Canada to upgrade an additional 66 LAV III vehicles.  This award modifies a contract previously announced in October 2011 to upgrade 550 LAV III vehicles, valued at $1 billion.The LAV III Upgrade Project will now modernize 616 vehicles, significantly enhancing their survivability, mobility and firepower and extending the fleet's lifecycle to 2035.   Survivability upgrades will include the introduction of double-V-hull technology, an innovative enhancement developed by General Dynamics Land Systems-Canada engineers, as well as add-on armour protection and energy-attenuating seats. These improvements will provide crew members greater protection against mine blasts, IEDs and other threats. The LAV III's automotive performance, handling characteristics and payload capacity will be optimized with mobility system upgrades including a more powerful engine, more robust driveline and suspension, and a height management system (HMS). The 25mm turret's crew ergonomics will be improved by incorporating larger hatches, and its capabilities will be enhanced by the addition of the latest technologies, including improved fire control, thermal, day and low-light sights and data displays."Helping to protect the men and women of the Canadian Forces is a privileged role, and we understand our responsibility and what is at stake," said Danny Deep, vice president of General Dynamics Land Systems-Canada. "The upgraded LAV III will provide our Canadian soldiers with one of the most advanced and modern vehicles of this type in the world.  It will also provide much-needed job stability throughout Canada's high-value defence sector."The upgrades represent the latest armoured vehicle technologies developed by General Dynamics Land Systems-Canada's engineers and its Canada-wide supplier base. Significant work will be performed at General Dynamics' facilities in London, Ontario, and Edmonton, Alberta, as well as the company's nationwide network of over 500 Canadian suppliers. All regions of Canada will benefit from this work, which is expected to be completed in 2017.For information about General Dynamics Land Systems?Canada, please visit www.gdlscanada.com.More information about General Dynamics is available on the Internet at www.generaldynamics.com.SOURCE General Dynamics Land Systems-CanadaFor further information: Media: Ken Yamashita, +1-519-964-5813, yamashik@gdls.com, or Investors: Amy Gilliland, +1-703-876-3748, agilliland@gd.com