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General Dynamics Awarded $108 Million for Production of Reactive Armor for Bradley Fighting Vehicle

CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $107.7 million contract option from the U.S. Army TACOM-Picatinny (Picatinny, N.J.) for reactive armor production for the Bradley Fighting Vehicle. This option is part of a July 2006 contract and brings the total value to $237 million.

The reactive armor package, designed specifically for the U.S. Army Bradley Fighting Vehicle, saves lives and prevents crippling damage to combat vehicles in Iraq. Units that have the armor tiles fastened to their exterior, have a clear advantage on the battlefield. They are better able to withstand a direct hit from a variety of anti-armor munitions, including the shoulder-fired rocket propelled grenades that are prevalent in many of today’s regional conflicts.

General Dynamics’ strategic partner, RAFAEL Armament Development Authority Ltd., Ordnance Systems Division (Haifa, Israel), will share 50 percent of the production workload. The production program will be managed at the General Dynamics Armament and Technical Products, Burlington Technology Center, Burlington, Vt., with U.S. tile production occurring at the company’s reactive armor facility in Stone County Operations, McHenry, Miss. Work under this contract will continue through September 2009.

General Dynamics Armament and Technical Products, Inc., 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 82,900 people worldwide and anticipates 2007 revenues of more than $27 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. More information about the company is available online at www.generaldynamics.com.

August 20, 2007
Contact: Norm Blanchard
Tel: (802) 657-6841
Email: nblancha@gdatp.com