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GENERAL DYNAMICS SEGMENT WINS CONTRACTS

9 Oct 02. General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD – News), has been awarded a $19.4m order from the U.S. Army’s TACOM/ARDEC Picatinny Arsenal for the production of 56 reactive armor vehicle sets and 170 partial sets for the Bradley Fighting Vehicle. The contract also includes funding for the qualification and first-article testing of a product upgrade to further improve crew and vehicle survivability over the current design. Work will be completed by January 30, 2004.

In addition on October 9th, the segment received a sole-source $7.2M contract award from U.S. Special Operations Command (USSOCOM) for production of the STTRIKER 40 (MK47) 40mm GrenadeMachine Gun system.

“The STRIKER 40 will be the first integrated air burst-capable crew-served weapon system fielded in the world,” said Colonel Tom Spellissy, Program Executive Officer for Special Programs, USSOCOM. “It is a very effective system with first-round hit capability, it is highly reliable and it is easy for soldiers to use.”

The STRIKER 40’s integrated gun, sight and fire control system is
significantly more accurate than any previously fielded grenade launcher.

The system incorporates the latest targeting and sensing technology with a computerized fire control for operation under all weather conditions, day or night.

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