General Dynamics Awarded $12 Million for MK47 STRIKER40 Weapon System Production

General Dynamics Awarded $12 Million for MK47 STRIKER40 Weapon System Production:

"CHARLOTTE, N.C., Jan. 26 /PRNewswire-FirstCall/ -- General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $12 million contract from the U.S. government for production of the MK47 STRIKER40(R) Weapon System.

"'The MK47 is a lightweight grenade launcher capable of firing airbursting munitions. Integrating the latest sensing, targeting and computer-programming technology, the MK47 is a reliable, portable 40mm grenade weapon system suited for mobile, tactical combat soldier units. It provides forces with a decisive technological advantage over enemies equipped with older crew-served weapons,' said Jeff Gramse, program manager of gun systems for General Dynamics Armament and Technical Products."