General Dynamics Awarded Contracts Totaling $170 Million for Hydra-70 Rocket Program

ST. PETERSBURG, Fla., Oct. 18, 2016 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), was recently awarded two contract modifications by the U.S. Army Contracting Command in Redstone Arsenal, Ala., for production of the 2.75"/70mm Hydra-70 air-to-ground rocket system for U.S. military services and Foreign Military Sales customers. The option exercised is part of a supplies contract originally awarded to General Dynamics in 2014.

General Dynamics has been in continuous production of the Hydra-70 rockets since 1996.