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Rutter wins contracts totalling $6 Million USD from GDLS-Canada

Thursday, January 28 2010

Rutter Inc. has been awarded contracts totalling $6,000,000 USD by General Dynamics Land Systems-Canada, to supply assemblies to General Dynamics Land Systems-Canada for use in Stryker 8x8 vehicles sold to the U.S. Army valued at $4,750,000. Rutter’s manufacturing group in St. John’s, Newfoundland will build the units. Rutter was awarded additional contracts valued at a total of $1,250,000 USD for spare parts and related components

"Rutter has been proudly manufacturing components for General Dynamics Land Systems for almost 25 years," said Fraser H. Edison, President and CEO of the Company, "and this contract is just another example of the confidence that General Dynamics Land Systems has in our ability to deliver high quality products which will meet and exceed their customers' requirements. In total Rutter currently has $12,500,000 USD in open contracts with General Dynamics Land Systems. These contracts are in alignment with our budgeted expectations. We are continuing to work closely with GDLS to avail of new opportunities as they arise," he concluded.

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