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General Dynamics Wins $73 Million U.K. Foxhound Contract

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Nov. 23 (Bloomberg) -- The U.K. will spend 46 million pounds ($73 million) on 51 Foxhound patrol vehicles from General Dynamics Corp.’s Force Protection unit, Defense Minister Philip Dunne said.

The contract, to supply front-line units in Afghanistan, marks the latest phase of a 340 million-pound government investment in the British-built Foxhound since 2010 to provide a total of 376 vehicles, the Ministry of Defense said in an e-mailed statement today.

Foxhound is “a real procurement success story, taking only 40 months to develop it from the initial design to deployment in Afghanistan,” Dunne said. “Balancing the MoD’s budget means we can now confidently invest in equipment like Foxhound, which has the flexibility and adaptability to operate in a wide variety of environments, providing capability for the Army well into the future.”

-Editors: Eddie Buckle, Andrew Atkinson

To contact the reporter on this story: Thomas Penny in London at tpenny@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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