General Dynamics Pulls Pin with Grenade Launcher Contract

General Dynamics (NYSE: GD) Armament and Technical Products signed a $24.9 million contract with the U.S. Army to make systems for the MK47 advanced lightweight grenade launcher (ALGL).

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According to the firm, the deal backs a foreign military sale for 130 MK47 systems that each includes the lightweight video-sight systems, spare parts and technical support.

“The MK47 is a reliable, portable 40mm grenade weapon system suited for mobile, tactical combat infantry units, particularly against soft and lightly-armored targets, ” said Mike O’Brien, vice president and general manager of gun systems for General Dynamics Armament and Technical Products.  “The MK47 has been demonstrated in combat to be a one-shot, one-kill weapon system.”

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