June 27, 2018 / 9:35 PM / 20 days ago

Schmolz & Bickenbach unit wins $420 mln U.S. defense contract -Pentagon

WASHINGTON, June 27 (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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