CHARLOTTE, N.C., Aug. 20 /PRNewswire-FirstCall/ -- 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 http://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 http://www.generaldynamics.com .
SOURCE General Dynamics Armament and Technical Products