CHARLOTTE, N.C. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $17 million order from the U.S. Army’s TACOM/ARDEC Picatinny Arsenal (Picatinny, N.J.) for the production of 60 enhanced-capability reactive armor vehicle sets for the Bradley Fighting Vehicle. Work will be completed by July 2005.
Equipped with General Dynamics’ reactive armor, the Bradley is better able to withstand a direct hit from a variety of anti-armor munitions, including shoulder-fired rocket propelled grenades, which are prevalent in many of today’s regional conflicts.
This order represents the continuation of a successful program with the Army and a successful relationship with General Dynamics’ strategic partner, RAFAEL Armament Development Authority Ltd., Ordnance Systems of Haifa, Israel, which will share 50 percent of the production workload. The production program will be directed from General Dynamics Armament and Technical Products’ Burlington, Vt., operations. This week’s contract increases total production numbers to 605 sets since the inception of the program in 1994.
General Dynamics Armament and Technical Products 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.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 68,400 people worldwide and had 2003 revenue of $16.6 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation.
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