
General Dynamics Awarded $15 Million Contract to Produce MK19 Grenade Machine Guns
CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), was awarded a $14.7 million contract by U.S. Army TACOM-ARDEC for the production of 1,097 MK19 grenade machine guns. Deliveries will commence in June 2006.
The MK19 is capable of firing up to 400 grenades per minute and can provide lethal fire against a variety of targets, including lightly armored vehicles and dismounted infantry. Its high lethality and broad versatility make it the prime choice of the U.S. Armed Forces as an essential weapon in both offensive and defensive operations.
Program management will occur at the company’s Burlington, Vt., facility. Production work will be performed at General Dynamics Armament and Technical Products’ Saco, Maine, facility, which has produced more than more than 32,000 MK19 systems for the U.S. Government and its allies since 1984.
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 - Monday, October 10, 2005
Press Contact: (704) 714-8014
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