General Dynamics Receives $19 Million for LPD Turrets
STERLING HEIGHTS, Mich. – General Dynamics Land Systems, a wholly owned subsidiary of General Dynamics (NYSE: GD), was awarded $18.9 million in firm-fixed price contracts from Northrop Grumman Ship Systems to provide MK46 Weapon Station turrets, remote consoles and associated engineering support for three LPD-class ships: LPD-21, 22 and 23.
The work will be done in Lima, Ohio; Tallahassee, Fla.; and Woodbridge, Va. Delivery of two turrets and two consoles for each of the three ships will be completed by June 2007.
These contracts are follow-on orders to previously awarded contracts for the same deliverables for LPD-17, 18 and 19.
The MK46 weapon station turret provides the close-in gun system capability that is required by the LPD-17 class ships to defend and defeat surface threats.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 70,100 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 - Monday, April 25, 2005
Press Contact: (586) 825-7980
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