General Dynamics Ordnance and Tactical Systems Awarded Warhead Housing Contract for SLAM-ER
FALLS CHURCH, Va. – The Naval Air Warfare Center Weapons Division has awarded a $1.3 million contract for production of the Standoff Land Attack Missile - Expanded Response (SLAM-ER) warhead housing to General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD).
SLAM-ER provides the U.S. Navy with surgical strike capability against high-value, fixed land targets, ships in port, or ships at sea. Designed for deployment from carrier-based and land-based aircraft, SLAM-ER can easily be adapted for ship launch and can be launched from safe standoff ranges of more than 150 nautical miles. Work will be performed at the company’s Anniston, Ala. facility.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 46,000 people and anticipates 2001 sales of approximately $11.5 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems.
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Any "forward-looking statements" contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
General Dynamics Corporation (ticker: GD, exchange: NYSE)
News Release - Friday, February 16, 2001
Press Contact: (727) 578-8144
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