ATK (NYSE: ATK) was recently awarded a fourth contract option to produce 30mm PGU-15A/B cartridges for the U.S. Army Contracting Command, Rock Island Contracting Center (RICC), Rock Island, Ill. The order is a part of a multi-year contract originally signed in July 2007. ATK's worldwide sales of 30mm ammunition in the current fiscal year now exceed $29 million.
ATK's 30mm PGU-series target practice ammunition is specially designed for training applications. These cartridges, currently in use with the 30mm GAU-8/A Gatling gun on the U.S. Air Force A-10 Warthog close-support aircraft provide cost-effective, ballistic-matched training rounds for improved warfighter performance.
"We are proud to continue our role as the primary provider of PGU-15 ammunition in support of the U. S. Air Force's A-10 aircraft," said Dan Olson, Vice President and General Manager, ATK Integrated Weapon Systems. "This round plays an integral role in training A-10 aircrews to develop and maintain essential air-to-ground combat skills. ATK supports this program through the delivery of high quality products, outstanding value and great customer service."
ATK's Mesa, Ariz.-based Integrated Weapon Systems division will produce the rounds at its facilities in Radford, Va. and Rocket Center, W. Va. Delivery of the optioned rounds is set to begin this year.
Source: Alliant Tech Systems, Inc (ATK) (NYSE: ATK)
Date: Feb 29, 2012