
General Dynamics Awarded $6 Million Contract for 30mm Barrels
CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), was awarded a $6 million contract for production of 1,393 30mm gun barrels from the Defense Logistics Agency’s Defense Supply Center Columbus (Columbus, Ohio). Total potential contract value could reach $13 million if all options are exercised.
The barrels will equip the A-10 fighter aircraft, currently in use in the Middle East, to provide close air support. The A-10’s GAU-8 seven-barrel cannon fires 30mm rounds capable of piercing tank armor, making it an effective tool against armored targets.
The program will be managed at General Dynamics Burlington Technology Center in Vermont, with production the General Dynamics facility in Saco, Maine. Deliveries on this contract will commence in July 2005 at a rate of 77 barrels per month.
General Dynamics has been a leading supplier of gun barrels to the U.S. Department of Defense for more than 50 years, producing gun barrels ranging from 7.62mm to the 40mm. General Dynamics barrels are currently used on a wide variety of defense products including U.S. fighter aircraft.
General Dynamics Armament and Technical Products, located in Charlotte, N.C., 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; 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, Va., employs approximately 71,600 people worldwide and anticipates 2004 revenue in excess of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; 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 - Monday, December 6, 2004
Press Contact: (704) 714-8014
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