Reply #59: It's Your Money: General Dynamics unit wins Army pact valued up to $191M [View All]

[UpInArms]

http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38593.4415688657-840965190&siteID=mktw&scid=0&doctype=806&

SAN FRANCISCO (MarketWatch) -- General Dynamics Ordnance and Tactical Systems, a unit of General Dynamics Corp. (GD) , said Monday that it has won a 4-year, $30 million demilitirazation contract from the Army Field Support Command in Rock Island, Ill. The contract has four 1-year options, valuing the contract at $191 million if all options are exercised. The General Dynamics unit will undertake demilitarizing 54 different types of conventional ammunition within six munitions families, including cluster bombs, propellant charges and pyrotechnics.