General Dynamics Awarded $24 Million Contract for 155mm M795 Metal Parts Ammunition Production

ST. PETERSBURG, Fla., April 21 /PRNewswire-FirstCall/ -- General Dynamics Ordnance and Tactical Systems has been awarded a $23.9 million option on a previously awarded multi-year contract for production of M795 projectile metal parts.  The contract was awarded by the U.S. Army Joint Munitions & Lethality Life Cycle Management Command (JM&L LCMC) of Picatinny Arsenal, N.J. The multi-year contract has a total potential value of  $166.7 million if all options are exercised. The work on this contract will be performed at the company's Scranton Operations in Pennsylvania.

The 155mm M795 is a High Explosive/High Fragmentation artillery projectile that is fired from M777 and M198 towed howitzers and the M109A6 Paladin self-propelled howitzer. To date, General Dynamics has produced over one million 155mm M795 projectiles in support of the U.S. Marine Corps' Indirect Fire Mission.

"We are proud to continue to support the U.S. Marine Corps with superior artillery firepower for its combat mission," said Dr. Dean Bartles, vice president and general manager of large caliber ammunition for General Dynamics. "General Dynamics has a long legacy in supplying artillery ammunition and we look forward to continuing to support this Marines Corps capability."

General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), is a world leader in the manufacture of large-, medium- and small-caliber direct and indirect-fire munitions, shaped charge warheads and propellants.  It also manufactures precision metal components and aerostructures in support of the tactical missile industry. More information on General Dynamics Ordnance and Tactical Systems is available online at www.gd-ots.com.

General Dynamics, headquartered in Falls Church, Va., employs approximately 91,700 people worldwide. 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 General Dynamics is available online at www.generaldynamics.com.

SOURCE General Dynamics Ordnance and Tactical Systems

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