Spartan Chassis, Inc. gets contract with General Dynamics
Shares of Spartan Chassis, Inc. (Nasdaq: SPAR) are climbing this morning after the subsidiary of custom vehicles manufacturing and engineering firm Spartan Motors, Inc. announced today it has received a $28 million subcontract order from General Dynamics Land Systems.
Under the terms of the contract, Spartan will supply and integrate chassis components in the production of advanced tactical vehicles under the Mine Resistant Ambush Protected program.
Shares of Spartan climbed 5.11%, or $0.62, to $12.75 in pre-market trading.
