General Dynamics Wins $67.5 Million U.S. Army Contract

General Dynamics has won a $67.5 million contract by the U.S. Army to produce Hydra-70 air-to-ground rockets.

Hydra rockets can be mounted on most helicopters and some fixed wing aircraft and employ a variety of warheads to meet a wide range of mission requirements for all branches of the U.S. military and select allies. 

The deliveries are expected to be completed by the end of 2015. This contract is a modification to a previously awarded contract and that the cumulative value of General Dynamics’ Hydra rocket works to more than $1 billion. 

"General Dynamics has been the system integrator for the production of Hydra rockets since 1996," said Steve Elgin, vice president and general manager of armament systems. "As a low-risk, high-quality supplier, we work closely with the Army to deliver a weapon that is affordable and reliable in action."