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May 8th 2008 - General Dynamics selected for FRES

GD Selected for FRES

UK MoD selects PIRANHA V as provisional preferred bidder for Utility Vehicle Design

LONDON, United Kingdom - General Dynamics United Kingdom Limited, a wholly owned subsidiary of General Dynamics (NYSE: GD), has been selected by the UK Ministry of Defence as the provisionally preferred bidder for the Utility Vehicle Design (UVD) for the Future Rapid Effect System (FRES). Subject to satisfactory completion of the package of work on risk reduction and confirmation of preferred bidder status the team, led by General Dynamics UK Limited, will develop the PIRANHA V as the FRES Utility Vehicle for the British Army. The company will now enter negotiations with the MoD to determine the scope of development work required.

Dr Sandy Wilson, President and Managing Director, said: "We are delighted that PIRANHA V is the British Army's choice for the FRES Utility Vehicle. With over 9,000 PIRANHAs already in service, the family's pedigree speaks for itself. We have continued development work at our own initiative, and we will work closely with the Ministry of Defence to de-risk the programme. At the same time, we will be continuing our strong bids for the Utility Vehicle Integrator (UVI) role and for the follow on FRES Specialist Vehicles (SV)."

PIRANHA V will deliver an extremely reliable platform with superb protection and mobility to meet the Army's FRES requirement, together with the necessary growth potential to meet future challenges. General Dynamics' comprehensive experience of delivering wheeled AFV programmes to tight timelines reduces potential risk considerably and will be invaluable in delivering PIRANHA V to the MoD. The vehicle offers a cost-effective and robust solution that complies fully with the Defence Industrial Strategy.

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