General Dynamics Awarded $149 Million for Hydra-70 Rocket Production

Apr 10, 2007, 01:00 ET from General Dynamics Armament and Technical Products

    CHARLOTTE, N.C., April 10 /PRNewswire-FirstCall/ -- General Dynamics
 Armament and Technical Products, a business unit of General Dynamics (NYSE:  
 GD), has received two orders totaling $149 million for the production of
 2.75-inch Hydra-70 rockets. The U.S. Army Aviation and Missile Command,
 Redstone Arsenal, Ala., ordered the rockets as part of a five-year
 requirements contract signed on April 28, 2005, which has a potential value
 of $900 million. Orders to date under this contract total $502 million.
     Hydra-70 is a family of unguided rockets offering several warhead
 configurations that enable an aircrew to match the rocket to the specific
 mission. The widely used Hydra-70 rocket is versatile, affordable and
 extremely effective against area suppression-type targets. Rockets can be
 fired from a variety of rotary and fixed-wing platforms, including the U.S.
 Army Apache and U.S. Marine Corps Cobra attack helicopters, the U.S. Air
 Force F-16 Fighting Falcon and combat aircraft of many nations worldwide.
     System engineering and program management will be performed at General
 Dynamics' Burlington Technology Center in Vermont. Final assembly and
 component sub-assembly will occur at General Dynamics' Camden, Ark.,
 facility.
     General Dynamics Armament and Technical Products, located in Charlotte,
 N.C., provides a broad range of system solutions for military 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. More information about General
 Dynamics can be found at http://www.generaldynamics.com.
 
 

SOURCE General Dynamics Armament and Technical Products