General Dynamics Awarded Four-year Ammunition Contract by Spanish Army

VIENNA, Nov. 3, 2010 /PRNewswire-FirstCall/ -- The Ministry of Defense of Spain has awarded General Dynamics European Land Systems, through its Spanish subsidiary Santa Barbara Sistemas S.A., a four-year contract for the supply of 5,56x45 mm NATO ammunition for the Spanish Army, Air Force and Navy.  The contract has a maximum potential value of approximately 20 million euros ($27.9 million) if all options are exercised.

The 5,56x45mm ammunition, officially referred to as "5.56 NATO," is the standard ammunition for the armed forces of all NATO members and many other countries around the world. The ammunition will be manufactured in Palencia, in the center of Spain.

With this contract, General Dynamics European Land Systems Santa Barbara Sistemas reaffirms its leadership in Spain as manufacturer of small- and medium-caliber ammunition.

General Dynamics European Land Systems, headquartered in Vienna, Austria, is a business unit of General Dynamics and conducts its business through four European operating sites located in Spain, Germany, Austria, and Switzerland. With more than 3,150 highly skilled technical employees, General Dynamics European Land Systems companies design, manufacture and deliver to global customers land systems, including wheeled (PIRANHA, PANDUR, DURO, EAGLE), tracked (ASCOD), and amphibious vehicles and bridging systems (M3, IRB, REBS), and other military goods.  More information is available online at www.gdels.com.

General Dynamics, headquartered in Falls Church, Va., employs approximately 90,000 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 European Land Systems

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