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General Dynamics Awarded $23 Million Contract for 155mm M795 Metal Parts Ammunition Production

ST. PETERSBURG, Fla. – The U.S. Army Joint Munitions & Lethality Life Cycle Management Command (JM&L LCMC) at Picatinny Arsenal, N.J., has awarded General Dynamics Ordnance and Tactical Systems a $23.8 million contract for the first year of a multiple year contract with a total potential value of $151.8 million for the production of M795 projectile metal parts. Work on this contract will be performed at the company’s Scranton Operations in Pennsylvania.

The M795 is a 155mm High Explosive/High Fragmentation artillery projectile that is employed in an active combat role. These rounds are fired from the Paladin, M-198 and the M-777 howitzers and are used by the U.S. Marine Corps.

"This award reaffirms our long and noteworthy performance in providing high-quality artillery and mortar projectiles for the U.S. armed services,” said James Flaherty, vice president and general manager of General Dynamics Ordnance and Tactical Systems, Scranton Operations.

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. More information on General Dynamics Ordnance and Tactical is available online at www.gd-ots.com

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 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 on the Internet at www.generaldynamics.com.

June 25, 2008
Contact: Laurie VanBrocklin
Tel: (727) 578-8187
Email: lgvanbrocklin@gd-ots.com



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