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SVTPerformance's Chain of Restaurants
Road Side Pub
The Chow Hall
M1A2C (M1A2 SEPV3)
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<blockquote data-quote="Weather Man" data-source="post: 16545826" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>General Dynamics to build upgraded Abrams tanks in $4.6B contract</strong></span></p><p>Dec. 23, 2020 10:39 AM ET<a href="https://seekingalpha.com/symbol/GD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AGD" target="_blank">General Dynamics Corporation (GD)</a><a href="https://seekingalpha.com/author/sa-editor-carl-surran?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name" target="_blank">By: Carl Surran</a>, SA News Editor<a href="https://seekingalpha.com/news/3647013-general-dynamics-to-build-upgraded-abrams-tanks-in-4_6b-contract#comments" target="_blank">1 Comment</a></p><ul> <li data-xf-list-type="ul">General Dynamics (<a href="https://seekingalpha.com/symbol/GD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">GD</a> +1.2%) confirms it was <a href="https://seekingalpha.com/pr/18133331-general-dynamics-awarded-4_6-billion-u-s-army-contract-for-latest-configuration-of-abrams?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">awarded a $4.6B contract</a> from the U.S. Army to build the latest iteration of the M1 Abrams battle tank.</li> <li data-xf-list-type="ul">The newest version, known as the M1A2C or the M1A2 SEPV3, <a href="https://www.upi.com/Defense-News/2020/12/21/General-Dynamics-to-build-upgraded-Abrams-tanks-in-462B-contract/5371608568868/?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">includes several improvements</a> such as a gunner's sight and commander's sight for increased lethality and a 120mm cannon.</li> <li data-xf-list-type="ul">At 71.2 tons, the tank is considered the most reliable Abrams tank ever produced and a platform for future modernizations.</li> <li data-xf-list-type="ul">The Army intends to field more than 2,100 M1AC tanks through its Abrams Upgrade Program and the <a href="https://seekingalpha.com/news/3645991-general-dynamics-secures-4_62b-u-s-army-contract?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">eight-year, single-bid contract</a> with General Dynamics Land Systems.</li> <li data-xf-list-type="ul">General Dynamics shares are "undervalued and cheap at current trading levels," Nick Schiavone writes in a <a href="https://seekingalpha.com/article/4387609-general-dynamics-undervalued-and-cheap-current-trading-levels?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">bullish analysis published recently on Seeking Alpha</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16545826, member: 137766"] [size=6][b]General Dynamics to build upgraded Abrams tanks in $4.6B contract[/b][/size] Dec. 23, 2020 10:39 AM ET[URL='https://seekingalpha.com/symbol/GD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AGD']General Dynamics Corporation (GD)[/URL][URL='https://seekingalpha.com/author/sa-editor-carl-surran?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name']By: Carl Surran[/URL], SA News Editor[URL='https://seekingalpha.com/news/3647013-general-dynamics-to-build-upgraded-abrams-tanks-in-4_6b-contract#comments']1 Comment[/URL] [LIST] [*]General Dynamics ([URL='https://seekingalpha.com/symbol/GD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']GD[/URL] +1.2%) confirms it was [URL='https://seekingalpha.com/pr/18133331-general-dynamics-awarded-4_6-billion-u-s-army-contract-for-latest-configuration-of-abrams?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']awarded a $4.6B contract[/URL] from the U.S. Army to build the latest iteration of the M1 Abrams battle tank. [*]The newest version, known as the M1A2C or the M1A2 SEPV3, [URL='https://www.upi.com/Defense-News/2020/12/21/General-Dynamics-to-build-upgraded-Abrams-tanks-in-462B-contract/5371608568868/?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']includes several improvements[/URL] such as a gunner's sight and commander's sight for increased lethality and a 120mm cannon. [*]At 71.2 tons, the tank is considered the most reliable Abrams tank ever produced and a platform for future modernizations. [*]The Army intends to field more than 2,100 M1AC tanks through its Abrams Upgrade Program and the [URL='https://seekingalpha.com/news/3645991-general-dynamics-secures-4_62b-u-s-army-contract?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']eight-year, single-bid contract[/URL] with General Dynamics Land Systems. [*]General Dynamics shares are "undervalued and cheap at current trading levels," Nick Schiavone writes in a [URL='https://seekingalpha.com/article/4387609-general-dynamics-undervalued-and-cheap-current-trading-levels?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']bullish analysis published recently on Seeking Alpha[/URL]. [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
The Chow Hall
M1A2C (M1A2 SEPV3)
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