General Dynamics Awarded $13 Million Contract for MK47 'STRIKER40' Weapon System
CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $13.2 million option from the U.S. Government for production of the MK47 MOD 0 Weapon System. The award is part of a five-year Indefinite Delivery Indefinite Quantity contract awarded in June 2006 and brings the total contract value thus far to $46.3 million.
The MK47, also known as STRIKER40, is a lightweight grenade launcher capable of firing airbursting munitions. Its integrated fire control system provides a decisive technological advantage over enemy forces equipped with older crew-served weapons. Program administration will be conducted at General Dynamics' Vermont-based Burlington Technology Center, with production occurring at General Dynamics’ Saco, Maine, facility.
General Dynamics Armament and Technical Products, located in Charlotte, N.C., provides a broad range of system solutions for military and commercial 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, Virginia, employs approximately 82,600 people worldwide and had 2006 revenues of $24.1 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies.
July 23, 2007
Contact: Norm Blanchard
Tel: (802) 657-6841
Email: nblanchard@gdatp.com
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