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General Dynamics' New 155-Millimeter Shell Factory Opens As War Cycle Kicks Into Higher Gear [zero hedge]

General Dynamics Corporation (GD) 
Last general dynamics corporation earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.gd.com
Company Research Source: zero hedge
General Dynamics' New 155-Millimeter Shell Factory Opens As War Cycle Kicks Into Higher Gear General Dynamics' new 155-millimeter artillery shell factory in Mesquite, Texas, is set to produce 30,000 shells per month, according to a New York Times report. This will provide crucial support to the Ukrainian Armed Forces on the first and second lines and bring the US Army closer to its 100,000 shell target goal by 2025. However, this goal remains far behind Russia's current 155mm shell production capacity of 250,000 rounds per month. On Wednesday, National Security Council spokesperson John Kirby told reporters the new Mesquite shell factory "will significantly increase our country's ability to manufacture parts that are used to produce artillery ammunition." Kirby said construction at the Mesquite factory began last year with funds allotted by the $95 billion security supplemental passed by Congress last month "to stand up new production lines as part of a national effort to significantl Show less Read more
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