1 source · first reported 4h ago
General Dynamics expects double-digit growth in its Ordnance and Tactical Systems business, driven by demand for artillery and missile components. The company's Chairman and CEO, Phebe Novakovic, cited 155mm ammunition as a key contributor to this growth. This increase is also supported by allied demand.
The growth in ammunition and missile components is significant as it indicates a surge in demand for artillery and allied systems, highlighting the importance of these technologies in modern defense strategies. This trend may impact the development and acquisition of future defense systems.
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