General Dynamics Awarded $34 Million Contract from U.S. Army for Small-Caliber Ammunition

General Dynamics Awarded $34 Million Contract from U.S. Army for Small-Caliber Ammunition

October 8th, 2008 -- ST. PETERSBURG, Fla. – General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), has been awarded a $33.6 million contract by the U.S. Army Field Support Command, Rock Island, Ill. for production of small-caliber ammunition.

General Dynamics and its consortium of small-caliber ammunition manufacturers will provide additional quantities of 5.56mm, 7.62mm and .50 caliber small arms ammunition under the existing contract. Work will be performed in St. Petersburg, Fla.

General Dynamics Ordnance and Tactical Systems is committed to producing high-quality products and services through the use of Lean Six Sigma (LSS) principles in support of continuous improvement throughout its business and manufacturing processes. The company is a world leader in the manufacture of large, medium- and small-caliber direct and indirect-fire munitions, mortar weapons and systems, artillery projectiles, bomb bodies and BALL POWDER® Propellant. General Dynamics Ordnance and Tactical Systems also manufactures precision metal components; provides explosive load, assemble and pack services for a variety of munitions, tactical missile and rocket programs; and designs and produces shaped charge warheads and control actuator systems. More information is available online at www.gd-ots.com.

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,600 people worldwide and anticipates 2008 revenues of approximately $29.5 billion. 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 the company is available on the Internet at www.generaldynamics.com.

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