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General Dynamics Awarded $110 Million for Procurement of Foundry Services

FAIRFAX, Va. – General Dynamics Advanced Information Systems has been awarded a contract by Charles Stark Draper Laboratory to produce integrated circuits for the U.S. Navy’s TRIDENT II (D5) submarine-launched ballistic missile program. This is a three-year contract with a total potential value of $110 million including the pre-priced options. General Dynamics Advanced Information Systems is a business unit of General Dynamics (NYSE: GD).

The contract is part of the Navy’s TRIDENT Life Extension Electronic Parts Program (LEEPP). The program is designed to extend the service life of the TRIDENT submarine and the TRIDENT II (D5) missile. General Dynamics is also providing circuit card assemblies for the TRIDENT (D5) missile and guidance systems. Taking advantage of foundry economies of scale, General Dynamics’ approach is creating cost savings for the TRIDENT II ballistic missile program.

The principle subcontractor to General Dynamics for the wafer foundry services is Honeywell International and work will be performed at its Plymouth, Minn., facility. Honeywell’s fabrication process produces integrated circuits with superior performance in harsh radiation environments, as required in the TRIDENT missile and other space applications. Honeywell has been certified and accredited by the U.S. Department of Defense as a Category 1A Trusted Foundry.

“In partnership with Charles Stark Draper Laboratory and Honeywell International, General Dynamics is providing the U.S. Navy with cost-effective, consistent support,” said Lou Von Thaer, president of General Dynamics Advanced Information Systems. “With this award, we will continue to deliver cost savings and increased capabilities to the Navy.”

Headquartered in Fairfax, Va., General Dynamics Advanced Information Systems is a provider of end-to-end mission solutions in systems integration, development and operations support to customers in the defense, intelligence, space and homeland security communities. The company integrates land, air, sea, space and cyber assets to facilitate the collection, exploitation, analysis and dissemination of mission-critical intelligence information. More information is available online at www.gd-ais.com.

General Dynamics, headquartered in Falls Church, Va., employs approximately 92,300 people worldwide. 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 General Dynamics is available online at www.gd.com.

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December 14, 2009
Contact: Lucy Ryan
Tel: (703) 272-6010
Email: Lucy.Ryan@gd-ais.com

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