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General Dynamics Gets $614M Army Contract

Division of General Dynamics Corp. recently received a $614 million Army contract to upgrade 235 Abrams battle tanks, the company said Wednesday.

STERLING HEIGHTS, Mich. (AP) -- A division of General Dynamics Corp. recently received a $614 million Army contract to upgrade 235 Abrams battle tanks, the company said Wednesday.

The upgraded tanks will have improved color displays, day and night thermal sights, auxiliary power and tank-infantry phone. It will also be able to adapt to future technology improvements including the Army's Future Combat Systems.

The latest order is part of a multiyear contract awarded to General Dynamics in February 2008 to modernize 435 M1A1 tanks. An additional 180 tanks remain to be upgraded.

Shares of Falls Church, Va.-based General Dynamics fell 37 cents to $90.42 in afternoon trading.