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.
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