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Charlotte NC (SPX) Aug 10, 2010 The U.S. Army Contracting Command, AMCOM Contracting Center, Redstone Arsenal, Ala., has awarded General Dynamics Armament and Technical Products a firm fixed price contract for the production of the 2.75-inch Hydra-70 rocket system. The award consists of a base-year contract valued at approximately $278 million to support the fiscal year 2010 requirements for the U.S. Army, Air Force, Navy and foreign military, with deliveries through October 2012. The contract includes three additional one-year range options which, if exercised by the U.S. Army, would continue production for the fiscal years 2011-2013. The estimated potential value of the contract is just under $1 billion if all options are exercised. General Dynamics Armament and Technical Products is a business unit of General Dynamics. The Hydra-70 rocket system consists of a family of 2.75-inch rockets with a variety of unitary, cargo, illumination and obscurant warheads for multiple mission applications. The rocket can be fired from the U.S. Army's Apache and Kiowa Warrior helicopters and other rotary and fixed-wing aircraft. "The Hydra-70 rocket is a versatile and proven-effective weapon system that remains relevant to the U.S. warfighter," said Russ Klein, vice president and general manager of weapon systems for General Dynamics Armament and Technical Products. Load, assemble and pack operations will be conducted by the existing workforce at the company's Camden, Ark., facility. System engineering and program management will be performed at General Dynamics' Burlington Technology Center in Vermont. "Our Hydra-70 team is currently producing more than 2,000 rocket motors a day in support of our customer's needs," Klein continued.
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Textron Awarded Contract Option For 73 Additional Armored VehiclesNew Orleans LA (SPX) Aug 05, 2010 Textron Marine and Land Systems has announced a firm-fixed-price contract award from the U.S. Army Tank-automotive and Armaments Command (TACOM) for additional M1117 Armored Security Vehicles (ASV) and M1200 Armored Knights. The award, valued at $49,808,772, exercises options for 52 M1117 ASVs, 21 M1200 Armored Knights, and 12 special tool sets with Textron Marine and Land Systems. Work is ... read more |
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