General Dynamics plant in Saco wins $191M Army contract, adding 20 jobs
The Saco manufacturing facility of General Dynamics Corp. has won a $191 million contract to produce troop protection systems for the U.S. Army — and will add 20 employees to the plant's workforce of 200 to do the job.
The plant, at 291 North St., will manufacture more than 160 “Iron Fist” Active Protection Systems. Originally developed by the Israeli military, the systems are used today in the Army's Bradley fighting vehicles to intercept and destroy rocket-propelled grenades and anti-tank missiles.
U.S. Sen. Susan Collins, R-Maine, vice chair of the Senate Appropriations Committee and ranking member of the Subcommittee on Defense, announced the award Tuesday.
“The contract awarded to General Dynamics’ Saco Facility is especially good news for the skilled workers who will be responsible for the assembly of the these critical weapon protection systems,” she said in a news release.
"I am pleased that the Army has chosen the dedicated and talented workers at the General Dynamics’ Saco facility to carry out this important work that contributes directly to our nation's security.”
The work is expected to be completed by 2027.
The Saco facility is part of the Ordnance and Tactical Systems Division at Reston, Va.-based General Dynamics Corp. (NYSE: GD), one of the world's largest defense contractors and also the parent company of Bath Iron Works.
The contract award is supported by funding in a national security budget Collins negotiated for fiscal year 2024.
Most Recent
Most Recent
0 Comments