Focus Stocks
General Dynamics Awarded Contracts for 120mm Tank and Artillery Ammunition Valued At $97 Million
Published on Monday, 04 June 2012 10:18 Written by TradersHuddle Staff
ST. PETERSBURG, Fla., June 4, 2012 /PRNewswire/ -- The U.S. Army Contracting Commands, Picatinny Arsenal, N.J., and Rock Island, Ill., have awarded General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), three contracts with a total value of $97 million for the manufacture and delivery of 120mm M865 and M1002 tank training ammunition, 105mm M1130 high-explosive (HE) pre-formed fragmentation (PFF) cartridges and 155mm M795 HE projectile metal parts.
The M865 Target Practice, Cone Stabilized, Discarding Sabot-Tracer (TPCSDS-T) ammunition is used in the 120mm smooth-bore M256 cannon of Army and U.S. Marine Corps Abrams main battle tanks. The M865 is designed to simulate the characteristics of live ammunition at reduced maximum ranges, to allow practice firings on short-range training areas.
The M1002 Target Practice Multi-Purpose Tracer (TPMP-T) training cartridge provides matched exterior ballistics and time-of-flight parameters to the M830A1 High Explosive Anti-Tank Multi-Purpose Tracer (HEAT-MP-T) tactical cartridge when fired from the Abrams tank.
The 105mm M1130 HE PFF ammunition is fired from the M119 towed howitzer and is the newest member of the Army's 105mm ammunition family. This modern munition recently achieved full material release (signifying that the Army has rigorously tested and evaluated the item and determined that it is safe, operationally suitable and logistically supportable for use) and has entered service in Afghanistan.
The 155mm M795 is a high-explosive/high-fragmentation artillery projectile that is used in conjunction with the M777 and M198 towed howitzers and the M109A6 Paladin self-propelled howitzer. The round has been widely used in combat operations in both Iraq and Afghanistan. To date, General Dynamics has produced more than 1.3 million 155mm M795 projectiles in support of the Army and Marine Corps.
"Our tank and artillery ammunition continue to play key roles in both the training of U.S. forces as well as providing them overmatch capability in combat," said Steve Torma, vice president and general manager of Large Caliber Ammunition for General Dynamics Ordnance and Tactical Systems. "General Dynamics' heritage in producing tank and artillery ammunition is second to none and we are honored to provide continuing support to U.S. armed forces with this high-performance ammunition."
Work is expected to be complete in February 2013 for the 155mm artillery ammunition, April 2014 for the 105mm artillery ammunition and September 2016 for the 120 tank ammunition.
For more information about General Dynamics Ordnance and Tactical Systems, please visit www.gd-ots.com.
More information about General Dynamics is available online at www.generaldynamics.com.
SOURCE General Dynamics Ordnance and Tactical Systems
Related Articles
- General Dynamics NASSCO Delivers USNS Montford Point
- Critical Alerts For Netflix, Monsanto, General Dynamics, Sina, and Uni-Pixel Released By InvestorsObserver
- General Dynamics to Deliver Open Architecture Core Mission System for Littoral Combat Ships 14 and 16
- General Dynamics Successfully Completes PSCR Interoperability Tests for Public Safety Communications Equipment
- General Dynamics Fidelis Cybersecurity Solutions Enhances Real-Time Threat Detection for Customers
- General Dynamics Team to Develop Second Radar System for the U.S. Army Range Radar Replacement Program
- General Dynamics Awarded $20 Million for Centers for Medicare & Medicaid Services IT Support
- General Dynamics Reports First-Quarter 2013 Results
- U.S. Navy Awards General Dynamics $20 Million for Nuclear Submarine Services
- General Dynamics' PRC-155 Manpack Radio Successfully "Calls" On-Orbit MUOS Satellite During System Test
Related Partner Headlines
- General Dynamics Awarded $89M by U.S. Navy for Virginia-class Submarine Work - Benzinga
- General Dynamics Awarded $133 Million to Upgrade 66 Additional LAV III Vehicles by the Government of Canada - Benzinga
- General Dynamics (GD): Today's Featured Aerospace/Defense Laggard - TheStreet.com
- 4 Stocks Pushing The Industrial Goods Sector Lower - TheStreet.com
- General Dynamics (GD): Today's Featured Aerospace/Defense Winner - TheStreet.com
- General Dynamics' Third Quarter Earnings Report - Investopedia
- General Dynamics Third Quarter Earnings Preview - Investopedia
- General Dynamics (GD): Today's Featured Aerospace/Defense Winner - TheStreet.com
- U.S. Navy Awards General Dynamics $459 Million for Nuclear-Submarine Support Work - Benzinga
- General Dynamics (GD): Today's Featured Aerospace/Defense Laggard - TheStreet.com
TradersHuddle Search
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
-
Dow Today: Verizon Communications (VZ) Higher - TheStreet.com -
Separating the Bargains From the Busts - TheStreet.com -
Cramer Quick Take: The 60-Inch TV Will Be Key This Holiday - TheStreet.com -
Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved - TheStreet.com -
Gap Up and Sit - TheStreet.com -
Apple, Intel, MicroStrategy: Tech Winners & Losers - TheStreet.com -
Windows 8 PC Sales Disappointing: Report - TheStreet.com -
Cramer Quick Take: Buy Home Depot and Lowe's - TheStreet.com
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:15,335.28 Trade time:4:36PM EDT Value change:0.00 (0.00%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,666.29 Trade time:4:36PM EDT Value change:0.00 (0.00%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:3,496.43 Trade time:5:15PM EDT Value change:0.00 (0.00%)In The Wires
-
Sanofi and Regeneron Announce Publication of Positive Phase 2a Results of Dupilumab in Asthma in the New England Journal of Medicine -
BNY Mellon Appointed as Depositary Bank by UBIC, Inc. -
Shanghai ISSON Power Quality Co., Ltd. Deploys Maxwell Technologies' Ultracapacitors To Power Yangshan Deep-Water Port Electric Cranes -
American Eagle Energy Provides Financial Results for First Quarter -
Microelectronics Technology Corporation Established Dedicated Sales and Marketing Division. -
Lassonde Industries Inc. increases its equity interest in Clement Pappas and Company, Inc. -
Hologic Receives FDA Approval for a New Low-dose 3D Mammography (Breast Tomosynthesis) Solution for Breast Cancer Screening -
Advantage Announces Significant Increase in Reserves & Contingent Resources and Updates Guidance & Strategic Alternatives Process








