General Dynamics (GD) Unit Awarded Contract by Korea Aerospace Industries for 20mm Gun Systems

January 12, 2009 2:48 PM EST

General Dynamics Armament and Technical Products (GDATP), a business unit of General Dynamics (NYSE: GD), has been awarded a contract by Korea Aerospace Industries (KAI) for production of up to 82 A-50 20mm gun systems.

Manufacturing will be performed at General Dynamics' Saco, Maine, facility, and the program will be managed by General Dynamics' Burlington, Vt., facility. S&T Dynamics, LTD of South Korea, the designated Korean Industry Partner (KIP) for the program, will produce the ammunition containers for these weapons systems under a subcontract arrangement with General Dynamics. Deliveries will begin in October 2010.

General Dynamics is involved in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. [SM]


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