General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD), has achieved a significant milestone in producing one billion rounds of ammunition in support of the U.S. Army's Second Source Small Caliber Ammunition program.
General Dynamics was awarded a five-year contract by the Army in August 2005 to produce various types of 5.56mm, 7.62mm and .50 caliber ammunition. The contract established General Dynamics as a second-source prime contractor overseeing a consortium of worldwide small-caliber ammunition producers.
Managed by the U.S. Army Project Manager – Maneuver Ammunition Systems, the Small Caliber Second Source program was established to address the critical demand for small-caliber ammunition during Operations Enduring Freedom and Iraqi Freedom.
"This is a significant milestone for General Dynamics and our U.S. Army customer. The Small Caliber Second Source program served a vital role in meeting the urgent needs of our warfighters, and it continues to enable the combat readiness of our U.S. Armed Forces," said Steve Torma, vice president of small-caliber ammunition.
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