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home / articles / GD - General Dynamics Ordnance and Tactical Systems Awarded $218 Million to Expand Artillery Production | Benzinga


GD - General Dynamics Ordnance and Tactical Systems Awarded $218 Million to Expand Artillery Production | Benzinga

Supports capacity to produce 50,000 artillery rounds per month by 2025

ST. PETERSBURG, Fla., Oct. 2, 2023 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems (OTS), a business unit of General Dynamics (NYSE:GD), announced today it was awarded a $218 million initial task order for 155mm M1128 Load, Assemble, and Pack (LAP). The task order, awarded under a $974 million multiyear firm-fixed-price U.S. Army contract awarded to OTS and another company, includes funding for M1128 facilitization and production at OTS's operations in Camden, Arkansas.


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Full story available on Benzinga.com

Stock Information

Company Name: General Dynamics Corporation
Stock Symbol: GD
Market: NYSE

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