U.S. Army Awards General Dynamics $187 Million Contract for Small Arms Ammunition
ST. PETERSBURG, Fla. – The U.S. Army Field Support Command, Rock Island, Ill., has awarded General Dynamics Ordnance and Tactical Systems a $187 million contract modification as part of a $213 million firm-fixed-price contract for production of 5.56mm, 7.62mm, and caliber .50 small arms ammunition. General Dynamics Ordnance and Tactical Systems is a business unit of General Dynamics (NYSE: GD).
General Dynamics serves as the systems integrator coordinating supply chain management of a consortium of small-caliber ammunition producers. The consortium responds to the U.S. Defense Department’s immediate and growing demand for small-caliber ammunition. Work will be performed in St. Petersburg, Fla.
General Dynamics Ordnance and Tactical Systems is a world leader in the manufacture of large, medium- and small-caliber direct and indirect-fire munitions, mortar weapons and systems, artillery projectiles, bomb bodies and BALL POWDER® Propellant. The company also manufactures precision metal components; provides explosive load, assemble and pack services for a variety of munitions, tactical missile and rocket programs; and designs and produces shaped charge warheads and control actuator systems.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 81,900 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. More information can be found online at http://www.generaldynamics.com.
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August 18, 2006
Contact: Laurie VanBrocklin
Tel: (727) 578-8187
Fax: (727) 578-8189
Email: lgvanbrocklin@stp.gd-ots.com
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