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  • Tuesday, April 23, 2024

General Dynamics Receives $88M Air Force Cannon Gun Supply Contract

The U.S. Air Force has awarded an $88.3 million contract to General Dynamics‘ (NYSE: GD) ordnance and tactical systems business to produce cannon guns for the F-16 weapon system.

The AF Life Cycle Management Center will obligate $7.85 million in foreign military sales funds for the initial order of 20mm M61A1 Vulcan artillery from General Dynamics-OTS, the Department of Defense said Wednesday.

Work under the sole-source contract will take place in Williston, Vermont, through Dec. 12, 2031.

Vulcan guns are a six-barrel Gatling system designed to shoot targets in a rotary fashion and offer combat support for military air, naval and land platforms.

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