GD Awarded Contract Extension for F/A-18 Gun Production
(Charlotte, N.C., May 29, 2008) -- The U.S. Navy has awarded General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), a $7.8 million contract extension for the production of M61A2 20mm automatic Gatling gun systems for use on F/A-18 fighter jets.
The production work will be performed at General Dynamics' Saco, Maine, facility, with final deliveries scheduled in the fourth quarter of this year. The program will be managed out of General Dynamics Armament and Technical Products' Burlington, Vt., facility.
The initial $10 million contract was awarded to General Dynamics in July 2005 followed by a $12.5 million contract extension in August 2006.
According to Gary LaPerriere, director of operations for General Dynamics in Saco, "Our team here in Maine is proud to continue to supply these potentially life-saving gun system to the men and women of the U.S. Armed Forces. Our M61A1 and M61A2 20mm Gatling gun systems offer lightweight, highly lethal combat support for a variety of aircraft. The M61A1 and M61A2 dramatically increase multiple-hit probabilities when compared to guns with lower rates of fire because they can provide firing rates of up to 7,200 shots per minute. The M61A2 is also 20 percent lighter than the M61A1."
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