Wednesday, July 1, 2009

General Dynamics Awarded $10 Million Contract Extension by U.S. Army to Produce MK19 Grenade Machine Guns

General Dynamics Awarded $10 Million Contract Extension by U.S. Army to Produce MK19 Grenade Machine Guns
July 1, 2009 10:00:00 AM

CHARLOTTE, N.C., -- General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $10 million contract extension by U.S. Army TACOM-ARDEC for the production of MK19 grenade machine guns. Deliveries are expected to begin in April 2010 and will be completed in July 2012. This award brings the total contract value to date to over $67 million.

According to General Dynamics Armament and Technical Products gun
systems program manager, Jeffrey Gramse, "The MK19 has been in service for over 20 years, providing lethal fire against a variety of targets. The weapon's high lethality and broad versatility gives the U.S. Armed Forces an essential weapon for use in both offensive and defensive operations."

Production work will be performed at General Dynamics Armament and
Technical Products' Saco, Maine, facility using its existing workforce.
Program management will be performed in Saco with support from the company's Burlington, Vt.-based Technology Center.

General Dynamics Armament and Technical Products' site in Saco is the
company's production site for single- and multi-barrel aircraft and
crew-served weapon systems. The site provides complete production
capabilities, from design and development to manufacturing, testing and
integration.

General Dynamics Armament and Technical Products' site in Burlington is the company's Engineering Center of Excellence. The campus spans four buildings: Lakeside offices, an engineering development lab, a systems modernization initiative office, and an expansive test facility.

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