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US Army Awarded General Dynamics $155 Million Contract for 109 Strykers The U.S. Army has awarded delivery orders for a total of 109 Stryker wheeled combat vehicles from General Dynamics Land Systems, a business unit of General Dynamics. These three recent orders are valued at $155 million and increase the Army's fiscal year 2006 Stryker procurement to a total of 518 vehicles. Work will be performed in US and Canada, by existing General Dynamics employees. Work is expected to be completed by October 2008. Stryker, a family of eight-wheel-drive combat vehicles that can travel at speeds up to 62 mph on highways with a range of 312 miles, is the Army's highest-priority production combat vehicle program and the centerpiece of the ongoing Army Transformation. Stryker operates with the latest C4ISR equipment and an integrated armor package protecting soldiers against improvised explosive devices, rocket propelled grenades, and a variety of infantry weapons. Stryker's current combined fleet operational readiness rate is 96 percent with more than 6 million miles accumulated through two completed Operation Iraqi Freedom rotations. To date, General Dynamics has delivered more than 1,780 Strykers of the 2,691 included in the U.S. Army's plans for seven Stryker Brigade Combat Teams. Significantly lighter and more transportable than existing tanks and armored vehicles, Stryker fulfills an immediate requirement to equip a strategically deployable (C-17/C-5) and operationally deployable (C-130) brigade capable of rapid movement anywhere on the globe in a combat-ready configuration. Stryker Brigade Combat Teams have operated with "historically high" mission availability rates in Iraq since October 2003, demonstrating the value of a force that can move rapidly as a cohesive and networked combined-arms combat team. GD Awarded USD $27M Contract to Supply RG-31 Mk5 Mine Protected Vehicles to the U.S. Army LONDON, Ontario, Canada -- The U.S. Army Tank Automotive and Armaments Command (TACOM), in support of the Program Executive Office for Combat Support and Combat Service Support (PEO CS&CSS), has awarded a contract for USD$27.2 million to General Dynamics Land Systems-Canada to provide 60 RG-31 Mk5 Mine Protected Vehicles, with an option for 34 additional vehicles. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD). The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government. Under this contract, General Dynamics Land Systems-Canada will provide the program management while BAE Land Systems OMC of South Africa will manufacture the vehicles. Deliveries will occur from January to April in 2007. The RG-31 Mk5 is the latest version of the highly successful RG-31 family. The Mk5 delivers a significant increase in power and payload to meet emerging requirements. In service with forces around the world, the RG-31 is a highly effective multi-role armored vehicle capable of a variety of military applications. Offering enhanced mine blast resistance, as well as protection against both improvised explosive devices and ballistic threats, these vehicles will be used by the U.S. Army in support of ongoing activities. Source: General Dynamics ATK Receives More Than $45M in New Medium-caliber Ammunition Business Minneapolis, October 6, 2006 -- Alliant Techsystems (NYSE: ATK), the nation's leading supplier of medium-caliber training and tactical ammunition, has received two contracts, totaling more than $45 million, to supply 30mm PGU-15 Training Practice and 25mm M792 High Explosive Incendiary rounds to the U.S. Joint Munitions Command and the U.S. Army Tank, Automotive and Armament Command, respectively. If additional options are exercised, the total value of the two contracts could approach $60 million. "Recent contract wins confirm that our decisions to relocate projectile and fuze manufacturing into a new, modern production facility, and to organizationally realign medium-caliber ammunition and medium-caliber chain guns under a single management structure were the right choices for our customer," said Mark DeYoung, President ATK Ammunition Systems. "Our customers now have a single point of contact to work with for all their medium-caliber ammunition needs. This direct interface creates a closer, more customer-focused relationship and offers the customer the best value in the industry." U.S. Air Force A-10 squadrons will use 30mm PGU-15 ammunition to develop and maintain essential air-to-ground combat skills. The round's ballistic flight profile is identical to the High Explosive round used in a tactical configuration. The ballistic match allows pilots to use non-exploding training ammunition yet train in a realistic combat environment. The 25mm M792 round is the primary medium-caliber round U.S. forces use to defeat light-armored vehicles, helicopters, additional crew-served weapons and other strategic targets. It is fired from the M242 Bushmaster Chain Gun, manufactured at ATK's facilities in Mesa, Arizona. Source: Alliant Techsystems |
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