General Dynamics, Day & Zimmermann Subsidiaries Awarded $994M Army Ammo Contract

General Dynamics‘ (NYSE: GD) ordnance and tactical systems business and American Ordnance, a unit of Day & Zimmermann, will compete for task orders under a $993.8 million contract to produce 155-millimeter rounds of ammunition for the U.S. Army.

The Army Contracting Command received two offers for the $993.8 million firm-fixed-price contract, the Defense Department said Wednesday.

Work on the contract is expected to run until Feb. 14, 2028.

In January, the Defense Department announced that Northrop Grumman (NYSE: NOC) and Global Ordnance‘ military products business will also compete for an Army ammunition contract of up to $522.3 million.

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