General Dynamics Will Spend $200 Million to Reboot Ammo Plant
General Dynamics Corp. will invest $200 million of its own money and unwind a partnership with Turkish defense contractor Repkon in a bid to finally start producing 155mm artillery shells...
By Anthony Capaccio · Bloomberg Markets
General Dynamics Corp. will invest $200 million of its own money and unwind a partnership with Turkish defense contractor Repkon in a bid to finally start producing 155mm artillery shells at a Texas plant that’s been beset by delays, people familiar with the matter said.