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General Dynamics Awarded $74 Million by U.S. Army to Produce M2 Machine Guns

CHARLOTTE, N.C. – General Dynamics Armament and Technical Products was awarded two delivery orders and a contract modification in August 2010 by the U.S. Army TACOM Life Cycle Management Command to produce 5,080 M2 heavy barrel (M2HB) machine guns and to convert an additional 6,000 M2HB guns to the M2A1 configuration. The cumulative value of the awards is $73.5 million. General Dynamics Armament and Technical Products is a business unit of General Dynamics (NYSE: GD).

Production work will be completed at the General Dynamics facility in Saco, Maine, which employs approximately 420 people and has manufactured the M2 machine gun since 1979. The M2HB production work will begin in December 2010 and be completed in February 2013. Production of the M2A1 guns will begin in April 2011 and be finished in May 2012. Program management will be performed at General Dynamics’ Williston Technology Center in Williston, Vermont.

The M2HB is in use in Iraq and Afghanistan by the U.S. and its allies. The M2A1 is a modified version of the M2HB, featuring the quick change barrel and fixed headspace and timing.

“Called the ‘Ma Deuce’ by soldiers in the field, the M2 machine gun continues to be a highly accurate, effective weapon,” said Mike O’Brien, vice president and general manager of gun systems for General Dynamics Armament and Technical Products. “We have delivered more than 35,000 M2 guns for our customer and with this award we will continue to manufacture one of the world’s most reliable guns for U.S. warfighters.”

For more information about General Dynamics Armament and Technical Products, please visit www.gdatp.com.

More information about General Dynamics is available online at www.generaldynamics.com.

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December 10, 2010
Contact: Karl Johnson
Tel: (704) 714 8121
Email: kjohnso3@gdatp.com



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