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General Dynamics Awarded $285 Million Contract For Hydro-70 Rockets

The Army awarded General Dynamics [GD] a $286 million contract for the production of the Hydra-70 air-to-ground rocket, the company said yesterday. The contract exercises a fiscal year 2011 option on an existing contract. Final deliveries for the option are expected to be completed by April 2015. The company recently delivered its four-millionth Hydra rocket, which have been exclusively manufactured since 1996 at its Camden, Ark., facility as a part of General Dynamics Armament and Technical Products. "The Hydra is a cost-effective, versatile, combat-proven…

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Congress Updates

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