General Dynamics Awarded $36 Million Contract for Navy Multi-Purpose Processor Program
ARLINGTON, Virginia – The U. S. Navy has awarded General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), a $36.6 million contract to provide engineering and technical services and production in support of the multi-purpose processor program for submarines.
The program is a combination of hardware and software that enables submarines to process data collected by towed and hull sonar arrays. The processed data provides valuable information regarding the location of other nearby vessels and thereby increases the survivability and lethality of the submarine. The multi-purpose processor program is installed on SSN 688, SSN 688I, SSN 774, SSN 21, SSGN and SSBN 726 Class submarines and is a major subsystem of the Acoustic Rapid Commercial Off-The-Shelf Insertion (A-RCI) system.
This contract continues work previously done by Digital Systems Resources, Inc., which was acquired by General Dynamics and became part of General Dynamics Advanced Information Systems on September 10.
Work under this contract will include engineering and technical services and associated materials for the design and development of upgrades, systems support and production. Work under the contract base period is expected to be completed in April 2005.
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 - Tuesday, December 23, 2003
Press Contact: (703) 271-7452
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