June 27, 2018 / 9:47 PM / 3 months ago

Schmolz & Bickenbach unit wins $420 million U.S. defense contract: Pentagon

WASHINGTON (Reuters) - A. Finkl & Sons Co, a unit of Schmolz & Bickenbach AG, has been awarded a $420 million U.S. defense contract for BLU-137/B penetrator warhead production, the Pentagon said in a statement on Wednesday.

The contract provides for the production of the warhead bodies with a guaranteed production of 300 bodies during the first year with a possibility of up to 3,500 bodies in the subsequent four years, the statement said.

Reporting by Eric Beech; Editing by Mohammad Zargham

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