
General Dynamics Awarded $16 Million for Bradley Fighting Vehicle Reactive Armor
CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded an additional $16 million from the U.S. Army’s TACOM/ARDEC Picatinny Arsenal (Picatinny, N.J.) for the production of enhanced-capability reactive armor tile sets for the Bradley Fighting Vehicle.
The original contract was awarded in November 2004 and has a total value of $102 million.
The reactive armor system is composed of tiles that fasten to the vehicle’s exterior and provide the ability to withstand direct hits from a variety of anti-armor munitions, including shoulder-fired rocket propelled grenades. Installed on U.S. Army’s Bradley Fighting Vehicles currently in Iraq, the General Dynamics reactive armor system is saving lives and preventing crippling vehicle damage.
General Dynamics’ strategic partner, RAFAEL Armament Development Authority Ltd., Ordnance Systems (Haifa, Israel), will share in the production workload of vehicle sets. The production program will be directed from the General Dynamics Armament and Technical Products Burlington Technology Center, Burlington, Vt., with U.S. tile production occurring at the company’s reactive armor facility in Stone County, Miss.
General Dynamics Armament and Technical Products, located in Charlotte, N.C., provides a broad range of system solutions for military 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 70,800 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 - Friday, September 23, 2005
Press Contact: (704) 714-8014
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