General Dynamics Awarded $108 Million for Production of Reactive Armor for Bradley Fighting Vehicle

Aug 20, 2007, 01:00 ET from General Dynamics Armament and Technical Products

    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 .
     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 .

SOURCE General Dynamics Armament and Technical Products