Printer Friendly

KUWAIT SIGNS LETTER OF INTENT TO PURCHASE M1A2 TANKS FROM U.S.

 STERLING HEIGHTS, Mich., Feb. 15 /PRNewswire/ -- The Government of Kuwait on Sunday, Feb. 14, signed a Letter of Intent (LOI) confirming its purchase of more than 200 M1A2 Abrams main battle tanks. The tanks will be produced by General Dynamics' Land Systems Division.
 The Government of Kuwait's action enables the U.S. Army to authorize General Dynamics (NYSE: GD) to proceed with long-lead procurement and planning start-up activities which will pave the way toward actual production. The final stage in the contractual procedure between the governments of Kuwait and the United States is the exchange of a signed Letter of Offer and Acceptance (LOA) which is expected to take place soon.
 Kuwait announced last October its selection of the M1A2 Abrams over the British Challenger II main battle tank.
 The LOA will contain details of all the equipment and support services requested by Kuwait. It also will enable the U.S. Army to contract with General Dynamics for the full production program and in- country program support.
 -0- 2/15/93
 /CONTACT: Karl G. Oskoian of General Dynamics Land Systems Division, 313-825-7980/
 (GD)


CO: General Dynamics Corporation ST: Michigan IN: ARO SU: CON

ML -- DE020 -- 6581 02/15/93 15:54 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 15, 1993
Words:202
Previous Article:BF GOODRICH DIRECTORS SET QUARTERLY DIVIDEND
Next Article:CDI COMPUTER SERVICES AND ARIES TECHNOLOGY ANNOUNCE PARTNERSHIP AGREEMENT
Topics:


Related Articles
GENERAL DYNAMICS SENDS TANKS TO UNITED ARAB EMIRATES FOR DEMONSTRATION
GOVERNMENT OF KUWAIT SIGNS LOA TO PURCHASE M1A2 ABRAMS FROM U.S. GOVERNMENT
GOVERNMENT OF KUWAIT SIGNS LOA TO PURCHASE M1A2 ABRAMS FROM U.S. GOVERNMENT
GENERAL DYNAMICS AWARDED KUWAIT CLS CONTRACT
GENERAL DYNAMICS DELIVERS LAST PRODUCTION M1A2 AND FIRST PILOT PRODUCTION UPGRADE M1A2 TO THE U.S. ARMY
KUWAIT TAKES DELIVERY OF FIRST M1A2 ABRAMS TANK
Don't blow-off bolt choice.
General Dynamics wins $7 million Saudi tank deal.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters