General Dynamics receives $49 million contract

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General Dynamics receives $49 million contract

Falls Church, VA-based military contractor General Dynamics, has received a $49 million contract from the Chicago-based Boeing Company to produce aircraft gun mount systems.

General Dynamics’ armament and technical products business unit will manufacture trainable gun mount systems for the conversion of four C-130H2 aircraft into AC-130U gunships. Each system consists of two gun mounts, a loader weapon control panel, and an ammunition storage and handling system. The gunship's gun mounts will enable the aircraft to simultaneously target two threats up to a kilometer apart with accuracy.

The contract extends through 2005. All work will be performed in Goleta, CA. General Dynamics employs approximately 66,900 people worldwide and anticipates 2003 revenues of approximately $16.1 billion.

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