ATK Receives $58.7 M for Continued Production of 20mm PGU Ammunition
- U.S. Government Awards Third Option on ATK Contract for 20mm Tactical and Training Ammunition
- Order Reinforces ATK's Position as a Preferred Provider of Medium-Caliber Munitions
ATK will produce PGU-27A/B Target Practice (TP), PGU-30A/B Target Practice-Tracer (TP-T), PGU-28A/B Semi-Armor Piercing High Explosive Incendiary (SAPHEI) ammunition, a PGU-28A/B SAPHEI and PGU-30A/B TP-T linked configuration, and a PGU-27A/B TP and PGU-30A/B TP-T linked configuration. These cartridges are used on the U.S. Air Force's F-15 and F-16, the U.S. Navy and Marine Corps F-18, and the U.S. Marine Corps Cobra AH-1 helicopter.
Military Global Navigation Satellite Systems (GNSS) Market Assessment
ATK's suite of 20mm ammunition provides cost-effective, ballistically-matched training rounds for improved warfighter performance, as well as tactical rounds that offer the accuracy, lethality and penetration capabilities necessary to effectively defeat today's threats.
"We are proud of the role our medium-caliber munitions play in maintaining military readiness," said Dan Olson, Vice President and General Manager, ATK Integrated Weapon Systems. "ATK is a preferred provider of medium-caliber ammunition solutions and we are committed to providing the broadest offering of highest quality ammunition to U.S. and allied forces worldwide."
Source : Alliant Tech Systems, Inc (ATK) (NYSE: ATK)