General Dynamics European Land Systems, through its Spanish subsidiary Santa Barbara Sistemas S.A., has been awarded by the Ministry of Defense of Spain a four-year contract to supply 5,56×45 mm NATO ammunition for the Spanish Army, Air Force and Navy.
If all options are exercised, the contract has a potential value of approximately 20 million euros, or nearly $28 million.
The 5,56x45mm ammunition is the standard ammunition for the armed forces of all NATO members and many other countries. The ammunition will be manufactured in Palencia, Spain.
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