Thursday, August 14, 2008

General Dynamics Awarded $35 Million for Ammunition Demilitarization



General Dynamics Awarded $35 Million for Ammunition Demilitarization

August 14th, ST. PETERSBURG, Fla. – The U.S. Army Field Support Command at Rock Island, Ill., has awarded General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), a $34.8 million modification to an existing demilitarization contract. This latest award for the demilitarization of obsolete and excess ammunition brings the total contract value to date to $151 million.

General Dynamics Ordnance and Tactical Systems currently oversees the resource recovery and recycling of six types of obsolete U.S. Department of Defense ammunition. To date, the company has demilitarized more than 90,000 tons of munitions through environmentally friendly and safe processes. Approximately 95 percent of the processed materials have been recovered for re-use or recycling.

"General Dynamics has a long history of performing ammunition demilitarization for the DoD. Under this contract, we manage the environmentally safe thermal treatment of excess and obsolete ammunition,” said Dr. Dean Bartles, vice president and general manager of large caliber ammunition for General Dynamics Ordnance and Tactical Systems.

Engineering and program management will be performed in St. Petersburg.

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. 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. The company 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 on General Dynamics Ordnance and Tactical is available online at www.gd-ots.com.

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