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General Dynamics' Land Systems Unit Inks Strategic Teaming Agreement With Epirus

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  • GD
  • General Dynamics Corp (NYSE: GD) business unit Land Systems has entered a Strategic Teaming Agreement with Epirus, Inc. to enhance the next-generation ground combat vehicle fleet. The financial terms of the arrangement were not disclosed.

  • Epirus is a technology company developing directed energy systems that enable unprecedented counter-electronics effects.

  • GD and Epirus will partner to integrate the Leonidas directed energy system and broader high-power microwave technology into the U.S. Army's Stryker and other manned and autonomous ground combat vehicles for enhanced mobile Short Range Air Defense (SHORAD) capabilities.

  • In addition, the company also is developing a class of robotic combat vehicles that feature modular architecture to maximize scalability and support future mission needs.

  • Price Action: GD shares are trading lower by 0.49% at $208.49 on the last check Monday.

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