?>

More Machineguns from GD

by: Matthew Potter
November 5, 2012

Category: Business Line, Companies, Contract Awards, Department of Defense, Events, General Dynamics, Maine, production program, Services, States, U.S. Army | RSS 2.0

The U.S. military even though the fighting is winding down in Afghanistan still needs to invest in new equipment to replace older weapons. Demand will be going down after 2014 when the last troops return and so without sequestration contractors will see reduced orders for their products.

The M2 50 caliber machine gun has been in use with the U.S. and its allies since before World War II. It is mounted on aircraft, vehicles and used from tripods carried by Soldiers. There have been tens of thousands of them made and even though a new design was recently developed it is still manufactured by General Dynamics (GD). The original weapon was made by Browning and has gone through a series of owners since originally delivered.

GD just received yet another contract for these weapons to be manufactured at their Maine plant. The almost $30 million contract will be for 12,000 of the systems.

As the defense budget begins its decline next year and the military adjusts to new requirements the demand for weapons like these will most likely decline as well. Less will be used in combat meaning existing ones will last longer. There may be more work refurbishing existing weapons then buying new ones.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

| Give a Comment | trackback

No Comments

Leave a Reply

You must be logged in to post a comment.

    Like Us On Facebook

  • Search This Site

    Custom Search
  • Upcoming Events

  • FREE Business Downloads

  • Widget Area

    This is widget area, add your widget here from your widget on appereance on your admin panel

>