U.S. Army Awards General Dynamics Contract for Mortar Weapon Systems
ST. PETERSBURG, Fla. – The U.S. Army TACOM-ARDEC, Picatinny, New Jersey, has awarded General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), a $19.4 million base contract, with up to four option years for the production of Mortar Weapons Systems.
Acting as the system prime contractor, General Dynamics will acquire, stage and field M120 120mm Ground Mounted Mortars, M121 120mm Carrier Mounted Mortars, M313 120mm Mortar Sub-caliber Training Inserts, M224 60mm Mortar Systems, and M252 81mm Mortar Systems.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 72,200 people worldwide and had 2005 revenue of $21.2 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, January 30, 2006
Press Contact: (727) 578-8144
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