General Dynamics Awarded $44.6M Modification for Submarine Multi-Purpose Processor
ARLINGTON, Va. – The U.S. Navy’s Naval Sea Systems Command has awarded General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), a $44.6 million contract modification to provide engineering and technical services and production in support of the Multi-Purpose Processor (MPP) program for submarines.
Work under this contract will provide services and associated materials for the design and development of upgrades, systems support and production of the MPP system. This system is a combination of hardware and software that enables submarines to process data collected by towed and hull arrays. The processed data provides valuable information regarding the location of other nearby vessels and increases survivability and lethality of the submarine. It is installed on SSN 688, SSN 688I, SSN 774, SSN 21, SSGN and SSBN 726 Classes and is a major subsystem under the Acoustic Rapid Commercial Off-The-Shelf Insertion (A-RCI) program.
Work will be performed in Fairfax, Va., and Anaheim Hills, Calif., and is expected to be completed by December 2005.
This award modifies a contract originally awarded in December 2003 to Digital Systems Resources, Inc., which was acquired by General Dynamics and became part of General Dynamics Advanced Information Systems in Sept. 2003. Including this modification, the cumulative value of the contract is $88.6 million.
General Dynamics Advanced Information Systems, headquartered in Arlington, Va., is a leading provider of transformational mission solutions in command, control, communications, and computers, intelligence, surveillance and reconnaissance (C4ISR). Customers include those in the defense, intelligence, homeland security and homeland defense communities. More information is available on the Internet at www.gd-ais.com.
General Dynamics, headquartered in Falls Church, Va., employs approximately 70,200 people worldwide and had 2004 revenue of $19.2 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 - Tuesday, February 15, 2005
Press Contact: (703) 271-7452
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