General Dynamics Vermont to do program management on $35 million Army contract

first_imgGeneral Dynamics Ordnance and Tactical Systems,The U.S. Army Joint Munitions and Lethality Life Cycle Management Command, Picatinny, N.J., awarded General Dynamics Armament and Technical Products an order valued at approximately $35 million to manufacture M2A1 quick change barrel (QCB) conversion kits. The QCB conversion kits feature several direct-replacement parts to modify existing M2 heavy barrel (M2HB) machine guns to the M2A1 configuration. Deliveries are scheduled to begin in January 2011 and will continue through December 2012. General Dynamics Armament and Technical Products is a business unit of General Dynamics (NYSE: GD).”With the QCB conversion kits, the U.S. warfighter can change the machine gun barrel in a few seconds. The M2A1 features fixed headspace and timing, which eliminates the need to manually calibrate the weapon after each barrel change and reduces exposure time to enemy fire,” said Mike O’Brien, vice president and general manager of gun systems for General Dynamics Armament and Technical Products. “The M2A1 is an efficient and reliable tool for American warfighters in combat.”Production work will be completed by the existing workforce at the General Dynamics facility in Saco, Maine, which employs approximately 420 people and has manufactured the M2 machine gun since 1979. Program management will be performed at General Dynamics’ Burlington Technology Center in Vermont.General Dynamics Armament and Technical Products, located in Charlotte, N.C., provides a broad range of system solutions for military and commercial applications. The company designs, develops and produces high-performance weapon and armament systems, defensive armor, countermeasure systems and aerospace composite solutions, as well as off-road axle and suspension systems. It is also a leading U.S. producer of biological and chemical detection systems. More information about General Dynamics Armament and Technical Products can be found on the Internet at is external).General Dynamics, headquartered in Falls Church, Va., employs approximately 91,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at is external).SOURCE General Dynamics Armament and Technical Products. CHARLOTTE, N.C., Sept. 24, 2010 /PRNewswire-FirstCall/last_img read more

Statoil dishes out new drilling contracts worth over $1.5 billion

first_imgView from the Gullfaks C platformView from the Gullfaks C platform in the North Sea. (Photo: Harald Pettersen)Norwegian oil major Statoil has awarded new contracts to three companies for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of its platforms with a total value of $1.5 billion. The contracts were awarded to Archer, KCA Deutag and Odfjell Drilling. As already reported by Offshore Energy Today, Archer has been awarded a four-year firm contract on a total of 12 fixed platforms located on the Norwegian Continental Shelf (NCS). Statoil said that all three contracts take effect from October 1, 2018, initially for a period of four years. The total value is estimated at more than NOK 12 billion ($1.52 billion). The contracts include three two-year extension options. The work will employ around 2000 people per year.“These contract awards will help ensure safe and efficient well deliveries, and sustain a high level of activities on the Norwegian continental shelf. A resilient manpower base capable of performing the required scope of work has been an important selection criterion,” says Geir Tungesvik, Statoil’s senior vice president, drilling & well.Statoil explained that these long-term contracts will increase the predictability and ensure stable operating conditions for the suppliers and Statoil.“The contracts provide us with a good foundation for close and predictable collaboration. We thus facilitate safe and efficient operations. The contracts are aimed at improving our joint competitiveness and enabling a sound level of activities,” says Statoil’s chief procurement officer, Pål Eitrheim.One of the intentions of the contracts is to improve the collaboration between Statoil, the drilling contractors and service contractors. A common incentive program will stimulate safe and efficient operations through close collaboration and integration of work.Under the contract, Archer will work on Grane, Gullfaks A, B & C, Njord, Sleipner, Snorre A & B, Statfjord A, B & C, and Visund platforms. KCA Deutag will work on Kvitebjørn and Oseberg B, C, South & East and Odfjell Drilling will work on the Heidrun platform.In addition, Statoil has existing drilling contracts with Odfjell Drilling for Johan Sverdrup and Mariner, and KCA Deutag for the two Cat J rigs operating at Gullfaks and Oseberg.Odfjell Drilling will start operations on the Mariner and the Johan Sverdrup field during the second half 2018.last_img read more