GD Granted $3.9 Bln Contract For Common Hardware Systems-5 Program From US Army

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(RTTNews.com) - General Dynamics Missions Systems was awarded a contract for the Common Hardware Systems-5 (CHS-5) Program from the U.S. Army Contracting Command at Aberdeen Proving Ground, Md. The indefinite delivery, indefinite quantity contract consists of a three-year base contract with two one-year options, for a maximum potential contract ceiling of $3.9 billion.

The contract contains a robust technology-insertion process ensuring the CHS-5 hardware baseline leverages the most current commercial technology and industry investments.

Read the original article on RTTNews (http://www.rttnews.com/2922466/gd-granted-3-9-bln-contract-for-common-hardware-systems-5-program-from-us-army.aspx)

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This article appears in: World Markets , Stocks
Referenced Symbols: GD

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