General Dynamics Armament and Technical Products has been awarded a contract by Lockheed Martin for production of F-16 Ammunition Handling Systems (AHS). The total potential value of the five-year contract is $39 million, with an initial order of $8.9 million for systems for Turkish and Moroccan F-16 fighter jets. General Dynamics Armament and Technical Products is a business unit of Gen... (more)

The U.S. Navy has awarded General Dynamics Electric Boat a $10.25 million contract modification to continue operating the New England Maintenance Manpower Initiative (NEMMI) at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Initially awarded in October 2006 , the five-year contract has a potential value of $201.8 million if al... (more)

Lockheed Martin (NYSE: LMT) successfully fired a U.S. Army Tactical Missile System (ATACMS) missile in a recent stockpile verification test at Fort Bliss, TX. The missile was fired from a High Mobility Artillery Rocket System (HIMARS) launcher.  The test used an ATACMS Unitary variant missile to destroy a target approximately 175 kilometers away. The operation met all mission objectives, ... (more)

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