United Defense Awarded Contract for Evaluation of BONUS Precision Munition; Testing of Advanced 155-mm Munition Scheduled to Begin in 2005.MINNEAPOLIS -- United Defense Industries, Inc. (NYSE NYSE See: New York Stock Exchange :UDI (1) (Unified Display Interface) A digital interface from the United Display Interface SIG that is designed to replace the analog VGA interface common on CRTs and flat panel monitors. UDI is expected to provide backward compatibility with DVI and HDMI interfaces. ) announced today it has been awarded a contract for the delivery and testing of the cannon fired 155-mm BONUS precision munition system by the United States Army United States Army Major branch of the U.S. military forces, charged with preserving peace and security and defending the nation. The first regular U.S. fighting force, the Continental Army, was organized by the Continental Congress on June 14, 1775, to supplement local . BONUS, developed by Bofors Defence of Sweden and GIAT GIAT Give It A Try GIAT Geospatial Intelligence Advancement Testbed GIAT Government Installation Acceptance Test Industries of France, consists of a 155-mm spin-stabilized projectile projectile something thrown forward. projectile syringe see blow dart. projectile vomiting forceful vomiting, usually without preceding retching, in which the vomitus is thrown well forward. that enhances cannon artillery precision by dispensing two Sensor Fuzed Munition submunitions that are designed to attack and destroy tanks and other armored combat vehicles. It brings to cannon artillery a precise, cost-effective munition for destroying enemy armored and hard targets. Under the terms of the contract, which will be managed by the U.S. Army's Program Manager -Combat Ammunition Systems at Picatinny Arsenal The Picatinny Arsenal (IPA: /ˈpɪkətɪni/ or /ˌpɪkəˈtɪni/ , United Defense will deliver ammunition in both test and tactical configurations in 2005. This hardware will be used to evaluate and qualify the BONUS munition for employment with U.S.155-mm cannon artillery platforms. Work on the project will be managed by United Defense at the company's Minneapolis facility. Munition firings and testing, as well as captive flight testing of the BONUS Mk II dual-mode sensor suite, will be conducted at the Army's Yuma Proving Ground The U.S. Army's Yuma Proving Ground is one of the largest military installations in the world. Situated in southwestern La Paz County and western Yuma County in southwestern Arizona, U.S. near Yuma, Arizona Yuma is a city in and the county seatGR6 of Yuma County, Arizona, United States. According to 2005 Census Bureau estimates, the population of the city is 84,688. . Work on the contract is projected to be completed by the end of this year. "Precision munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. , such as BONUS, are going to play a critical role in significantly strengthening the combat effectiveness of the U.S. Army's canon artillery," said Keith Howe, vice president and general manager at the Armament Systems Division. "This contract builds on United Defense's position as the premier armament and artillery system prime contractor for the U.S. military." United Defense will be supported in this program by its teammates and principal sub-contractors, Bofors Defence of Karlskoga, Sweden and GIAT Industries of Versailles, France. The BONUS system is in serial production in both Sweden and France under multi-year production contracts. BONUS is the only cannon-fired precision munition currently in full rate production. About United Defense United Defense designs, develops and produces combat vehicles, artillery, naval guns List of Naval Guns, listed below by country in caliber order. France
Forward Looking Statements Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to United Defense Industries, Inc., as of the date of the release, and we assume no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Please refer to the Company's Annual Report on Form 10 K for the year ended December 31, 2003 as well as its Quarterly Report on Form 10 Q for the quarter ended Sept. 30, 2004, and in our other reports filed from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with our business. |
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