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General Dynamics - Spike Missile Systems for Spanish Army

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General Dynamics
: 28 January, 2008  (Company News)
General Dynamics European Land Systems has announced that its General Dynamics Santa Barbara Sistemas operations in Spain has signed a $64 million (approximately 44 million Euros) contract with the Spanish Army for the supply of Air Land (ER) Spike Missile Systems for the HAD Tiger helicopters.
The contract calls for the manufacture of 44 launchers and 200 missiles for the HAD Tiger helicopters. In addition, General Dynamics Santa Barbara Sistemas will provide integrated logistics support (ILS). Work is expected to be completed by 2012.

General Dynamics Santa Barbara Sistemas, the prime contractor, has an agreement with the Israeli company RAFAEL for the manufacture of the systems. In 2006, the two companies signed a contract for the supply of Spike Missiles to Spanish Army ground forces. The initial contract was for $424.5 million.
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