General Dynamics Receives $49 Million Contract for Gun Mount Systems
BURLINGTON, Vt. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has received a $49 million contract from the Boeing Company, Chicago, Ill., to produce the Trainable Gun Mount System (TGMS) for the AC-130U Force Structure Enhancement Program. The contract extends through 2005.
General Dynamics will manufacture trainable gun mount systems for the conversion of four C-130H2 aircraft into AC-130U gunships. Each system consists of two gun mounts, a loader weapon control panel, and an ammunition storage and handling system. The gunship’s dual, trainable gun mounts enable the aircraft to simultaneously target two threats up to a kilometer apart with great accuracy. All work will be performed in Goleta, Calif.
General Dynamics Armament and Technical Products provides a broad range of system solutions for military and commercial applications. The company designs, develops and produces high-performance armament systems; a full range of advanced composite-based products; biological and chemical detection systems; tactical deception equipment; and mobile shelter systems. More information about General Dynamics Armament and Technical Products can be found on the World Wide Web at www.gdatp.com.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 66,900 people worldwide and anticipates 2003 revenues of approximately $16.1 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation.
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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, October 24, 2003
Press Contact: (802) 657-6246
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