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General Dynamics Awarded $224 Million by U.S. Army for Hydra-70 Rocket Program



General Dynamics Awarded $224 Million by U.S. Army for Hydra-70 Rocket Program

PR Newswire

CHARLOTTE, N.C., Feb. 27, 2013

CHARLOTTE, N.C., Feb. 27, 2013 /PRNewswire/ -- General Dynamics Armament and
Technical Products recently was awarded two contracts by the U.S. Army
including $210.4 million for the production of Hydra-70 air-to-ground rockets
and $13.5 million for engineering services in support of the Hydra-70 rocket
program. General Dynamics Armament and Technical Products is a business unit
of General Dynamics (NYSE: GD).

The Army Contracting Command in Redstone Arsenal, Ala., awarded the contracts.
Final deliveries under this order are expected to be completed in early 2015.
General Dynamics has been the system integrator for the production of Hydra
rockets since 1996. The Army orders Hydra rockets for all branches of the U.S.
military and select allies.

"General Dynamics has supplied Hydra rockets to U.S. warfighters and to
several of the nation's closest allies for more than 15 years," said Steve
Elgin, vice president and general manager of Armament Systems for General
Dynamics Armament and Technical Products. "Our long-held experience in
managing the Hydra program allows us to work closely with the Army to deliver
a weapon that is affordably built and dependable in action."  

Hydra rockets are composed of two main components: the MK66 rocket motor and
the warhead. The rocket's warhead varies to meet a wide range of mission
requirements. The 2.75-inch diameter rocket can be mounted on most helicopters
and some aircraft. 

General Dynamics' work on the Hydra rocket is done from the company's Camden,
Ark., and Springboro, Ohio, facilities, which have approximately 375 employees
combined. Engineering service support and program management are performed at
General Dynamics' technology center in Williston, Vt., which employs more than
300 workers.  

For more information about General Dynamics Armament and Technical Products,
please visit www.gdatp.com.

More information about General Dynamics is available online at
www.generaldynamics.com. 

SOURCE General Dynamics Armament and Technical Products

Website: http://www.gdatp.com
Contact: Media: Karl Johnson, General Dynamics Armament and Technical
Products, +1-704-714-8121, or Investors: Erin Linnihan, General Dynamics,
+1-703-876-3583
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