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U.S. Army Awards General Dynamics $18 Million for M313 120mm Mortar Weapon Sub-Caliber Training Systems

October 23, 2006
Contact: L.G. VanBrocklin
Tel: (727) 578-8187
Email: lgvanbrocklin@gd-ots.com

ST. PETERSBURG, Fla. – The U.S. Army Tank-Automotive and Armaments Command, Picatinny Arsenal, N.J., has awarded General Dynamics Ordnance and Tactical Systems an $18.6 million contract modification for the manufacture, assembly, delivery, staging and fielding of M313 120mm Mortar Sub-Caliber Training Devices. This option award brings the total contract value for 60mm, 81mm and 120mm mortar weapon systems to $44.5 million dollars. The contract being modified was initially awarded in December 2005. General Dynamics Ordnance and Tactical Systems is a business unit of General Dynamics (NYSE: GD).

The M313 120mm Mortar Sub-Caliber Training Device uses an M253 81mm cannon inserted into a mock M120 120mm Mortar System barrel, allowing 120mm mortar training to be performed with lower cost 81mm service and training ammunition.

Work will be performed at Watervliet Arsenal, N.Y.; St. Petersburg, Fla.; Huntsville, Ala.; and Bethesda, Md. Deliveries under this contract modification are expected to be completed by December 2008.

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 81,100 people worldwide and expects 2006 revenue of approximately $24 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 about the company is available online at www.generaldynamics.com.