General Dynamics gets $17M, $25M and $13M contracts +
General Dynamics gets $17M contract
CHARLOTTE, N.C. -- A division of General Dynamics Corp. received a $17 million contract to produce gun systems for two variants of a weapon system built by Raytheon Co.
The guns will be installed on two versions of the Phalanx, a fully autonomous, radar-directed, rapid-fire 20mm Gatling-gun system that provides naval ships a line of defense against anti-ship missiles, aircraft, and other threats.
Production will take place at General Dynamics' facility in Saco, Maine, while program managing will be performed at the company's Burlington, Vt., Technology Center. Testing will be conducted at the Ethan Allen Firing Range in Jericho, Vt.
Shares of General Dynamics fell 47 cents to $62.55 in afternoon trading.
And....
General Dynamics Awarded $13 Million by U.S. Army to Produce MK19 Grenade Machine Guns
CHARLOTTE, N.C., Oct. 30 -- General Dynamics Armament and Technical Products has been awarded a $13 million order by U.S. Army TACOM-ARDEC for the production of MK19 grenade machine guns. Deliveries are expected to begin in June 2010 and will be completed by late 2011. The order was made under a contract initially awarded in September 2008, and brings the total contract value to date to approximately $81 million. General Dynamics Armament and Technical Products is a business unit of General Dynamics.
According to General Dynamics Armament and Technical Products gun systems program manager, Jeffrey Gramse, "The MK19 has been in service for over 20 years, providing lethal fire against a variety of targets. The weapon's accuracy and versatility provides the U.S. Armed Forces options for use in both offensive and defensive operations."
Production work will be performed at General Dynamics Armament and Technical Products' Saco, Maine, facility using its existing workforce. Program management will be performed in Saco with support from the company's Burlington, Vt.-based Technology Center.
The General Dynamics facility in Saco is the company's production site for single- and multi-barrel aircraft and crew-served weapon systems. The site provides complete production capabilities, from design and development to manufacturing, testing and integration.
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.generaldynamics.com.
And...
General Dynamics Awarded $25 Million for Nuclear Submarine Services by U.S. Navy
And again...
General Dynamics Honored with Outstanding Contractor Award by U.S. Department of Health and...
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