General Dynamics Awarded $149 Million for Hydra-70 Rocket Production
CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has received two orders totaling $149 million for the production of 2.75-inch Hydra-70 rockets. The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., ordered the rockets as part of a five-year requirements contract signed on April 28, 2005, which has a potential value of $900 million. Orders to date under this contract total $502 million.
Hydra-70 is a family of unguided rockets offering several warhead configurations that enable an aircrew to match the rocket to the specific mission. The widely used Hydra-70 rocket is versatile, affordable and extremely effective against area suppression-type targets. Rockets can be fired from a variety of rotary and fixed-wing platforms, including the U.S. Army Apache and U.S. Marine Corps Cobra attack helicopters, the U.S. Air Force F-16 Fighting Falcon and combat aircraft of many nations worldwide.
System engineering and program management will be performed at General Dynamics’ Burlington Technology Center in Vermont. Final assembly and component sub-assembly will occur at General Dynamics’ Camden, Ark., facility.
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. More information about General Dynamics can be found at www.generaldynamics.com.
Contact: Tim Haddock
Tel: (802) 734-7962
Email: thaddock@gdatp.com
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