General Dynamics (GD) Secures $3.5 Billion Contract from Germany for Next-Gen Reconnaissance Vehicle

General Dynamics Corporation (NYSE:GD) is among the 10 Largest Defense Stocks in 2025. On October 20, the company announced that its Europe unit had received a contract worth approximately $3.5 billion to deliver the next-generation reconnaissance vehicle for the German Army Reconnaissance Corps.

The contract was commissioned by Germany’s Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support. It marks one of the largest modernization programs for the country’s ground forces.

According to General Dynamics Corporation (NYSE:GD), the new scout vehicle system includes networked reconnaissance sensor technology, and will offer improved mobility and assertiveness, which is expected to strengthen Germany’s defense capabilities amid rising security threats in Europe.

The contract follows media reports earlier in the month that the German government plans to order new armored vehicles for nearly 7 billion euros.

In other related news, on October 2, the defense giant secured a $1.25 billion contract to support the U.S. Army in Europe and Africa.

General Dynamics Corporation (NYSE:GD) is a leading global aerospace and defense company, operating through its Aerospace, Marine Systems, Combat Systems, and Technologies segments.

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