GD Awarded $20 M by Boeing

• for Production of Composite C-17 Aircraft Components

(Charlotte, N.C., April 7, 2010) -- General Dynamics Armament and Technical Products was awarded a contract valued at approximately $20 million from The Boeing Company for the production of composite components for the C-17 Globemaster III advanced airlifter. Deliveries are expected to begin in February 2011 and be completed by April 2012. Production and program management will be performed at General Dynamics' advanced materials facility in Marion, Va. General Dynamics Armament and Technical Products is a business unit of General Dynamics (NYSE: GD).

General Dynamics provides components for the C-17, including the winglets, main and nose landing gear doors, flap leading and trailing edge panels, and the forward and aft radomes.

"Our team in Marion is proud to continue our work with Boeing," said Jim Losse, vice president and general manager of advanced materials for General Dynamics Armament and Technical Products. "We have been working with Boeing on a variety of C-17 composite technologies for more than 20 years. This contract will keep C-17 components in production through early 2012."

In addition to the C-17, the Marion site produces composite parts for a variety of aircraft platforms.

Source : General Dynamics Corporation (NYSE: GD)