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General Dynamics Gets $100M Army Contract

Division of General Dynamics received a $100 million, four-year contract from the Army to provide machine guns; work will be performed at the company’s Saco, Maine facility.

CHARLOTTE, N.C. (AP) -- A division of General Dynamics Corp. received a $100 million, four-year contract from the Army to provide machine guns, the company said Wednesday.

General Dynamics will deliver the M2 flex machine guns by April 2012. Work will be performed at General Dynamics' Saco, Maine, facility.

Shares of the Falls Church, Va.-based company fell 52 cents to $58.19 in afternoon trading.

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