General Dynamics Ordnance and Tactical Systems Awarded $218 Million to Expand Artillery Production

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ST. PETERSBURG, Fla., Oct. 2, 2023 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems (OTS), a business unit of General Dynamics (NYSE: GD), announced today it was awarded a $218 million initial task order for 155mm M1128 Load, Assemble, and Pack (LAP). The task order, awarded under a $974 million multiyear firm-fixed-price U.S. Army contract awarded to OTS and another company, includes funding for M1128 facilitization and production at OTS's operations in Camden, Arkansas.

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PR Newswire

Retrieved on:

Monday, October 2, 2023

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Tags:

Weapon, OTS, Assemble, General Dynamics, Hazardous waste, GD, Multimedia, Marine Corps Tactical Systems Support Activity, Pack, Engineering, United States Department of the Army, LAP, NYSE, Arms industry, United States Army

Geotags:

FLORIDA, ARKANSAS

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GENERAL DYNAMICS

Stock Symbol:

NYSE:GD

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ST. PETERSBURG, Fla., Oct. 2, 2023 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems (OTS), a business unit of General Dynamics (NYSE: GD), announced today it was awarded a $218 million initial task order for 155mm M1128 Load, Assemble, and Pack (LAP).
The task order, awarded under a $974 million multiyear firm-fixed-price U.S. Army contract awarded to OTS and another company, includes funding for M1128 facilitization and production at OTS's operations in Camden, Arkansas.
OTS was awarded a similar contract in February 2023 for M795 LAP facilitization of 20,000 rounds per month.
General Dynamics Ordnance and Tactical Systems is a global leader in the design, engineering and production of munitions, energetics, weapons, armaments, and missile subsystems around the world.

General Dynamics Ordnance and Tactical Systems Awarded $218 Million to Expand Artillery Production

Supports capacity to produce 50,000 artillery rounds per month by 2025

ST. PETERSBURG, Fla., Oct. 2, 2023 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems (OTS), a business unit of General Dynamics (NYSE: GD), announced today it was awarded a $218 million initial task order for 155mm M1128 Load, Assemble, and Pack (LAP). The task order, awarded under a $974 million multiyear firm-fixed-price U.S. Army contract awarded to OTS and another company, includes funding for M1128 facilitization and production at OTS's operations in Camden, Arkansas.

OTS was awarded a similar contract in February 2023 for M795 LAP facilitization of 20,000 rounds per month. Combined, the two awards support 50,000 rounds per month of new LAP capacity by 2025.

This contract will fund the installation of a LAP facility using modernized processes and air-cooling technology to improve the quality and efficiency of the 155mm artillery LAP process, while leveraging more environmentally responsible methods to reduce hazardous waste.

"We are proud to be expanding our role as a key industrial partner for the U.S. Army, as it plans and manages efforts to increase and accelerate U.S. artillery production," said Kevin Fahey, senior vice president and general manager.

General Dynamics Ordnance and Tactical Systems is a global leader in the design, engineering and production of munitions, energetics, weapons, armaments, and missile subsystems around the world. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems, and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $39.4 billion in revenue in 2022.

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SOURCE General Dynamics