General Dynamics Corp. (NYSE: GD) has scored an $883 million Army contract to modernize and maintain hundreds of training systems across the service’s installations, the company said Wednesday.
General Dynamics was the only bidder for the indefinite-delivery, indefinite-quantity contract that runs until 2028 and has a ceiling of $883 million, according to the Department of Defense. The contract for the Army Consolidated Product Line Management Plus (CPM Plus) program follows a similar contract, CPM Next, that General Dynamics Mission Systems won in 2015.
The contract is meant to modernize live training at bases and major combat training centers, including “Military Operations on urban terrain training sites, live fire and digital ranges” and others, according to the release.
The work will primarily be within the Live Training Transformation (LT2) products line, which is installed at nearly 300 locations worldwide, and is meant to reduce costs and operational complexity of…Read the full story from the Washington Business Journal.