CHARLOTTE, N.C., Oct. 9 /PRNewswire-FirstCall/ -- The U.S. Army Aviation
and Missile Life Cycle Management Command has awarded General Dynamics
Armament and Technical Products two new orders to produce Hydra-70 rockets and
warheads. The combined value of the orders is approximately $85 million;
deliveries will begin in May 2010. The orders were awarded under a five-year
contract signed in 2005 that has a total potential value of more than $900
million if all options are exercised. General Dynamics Armament and Technical
Products is a business unit of General Dynamics (NYSE: GD).
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 the company's Camden, Ark., facility.
'We take pride in the range of capabilities delivered by this lightweight
and affordable weapon,' said Russ Klein, vice president and general manager of
weapon systems for General Dynamics Armament and Technical Products. 'Over the
past 12 years, our Camden, Ark., workforce has produced more than 2 million
reliable and effective rockets for U.S. warfighters.'
Hydra-70 is a family of unguided rockets offering several warhead
configurations that enable an aircrew to match the rocket to the specific
mission. Rockets can be fired from a variety of rotary and fixed-wing
aircraft, 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.
General Dynamics Armament and Technical Products, 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; defensive armor solutions; aerospace components; mobile
shelter systems; and is a leading U.S. producer of biological and chemical
detection systems. More information about General Dynamics Armament and
Technical Products can be found on the Internet at http://www.gdatp.com.
General Dynamics, headquartered in Falls Church, Va., employs
approximately 84,600 people worldwide and anticipates 2008 revenues of
approximately $29.5 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 on the Internet at
http://www.generaldynamics.com.
SOURCE General Dynamics Armament and Technical Products
