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General Dynamics Books $200M Ammo Deal

General Dynamics’ (NYSE: GD) Ordnance and Tactical Systems business secured a deal from Marine Corps Systems Command for 120mm mortar ammunition in support of the Marine Corps’ Expeditionary Fire Support System.

The ID/IQ deal carries a potential value of $198.7 million.

“The EFSS ammunition is designed to maximize the precision and accuracy of the 120m M327 mortar weapon and provide increased lethality over conventional mortar ammunition, ” said Dr. Dean Bartles, vice president and general manager of large-caliber ammunition for General Dynamics Ordnance and Tactical Systems.

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