ATK (NYSE: ATK) has been awarded an indefinite delivery/indefinite quantity contract with an $84 million ceiling for First Article Testing and production of the FMU-143 Bomb Fuze for the U.S. Air Force and Navy. Initial orders under the contract are valued at $52 million. The U.S. Army's Contracting Center at Rock Island, Ill., issued ATK the award as the prime contractor, teaming with L-3 Fuzing and Ordnance Systems (FOS).
The FMU-143 is used on penetrating weapons such as the BLU-109 and BLU-113 for the defeat of hard and deeply buried enemy targets. These weapons are designed with technology that enables them to stay intact upon impact and penetrate deep into the interior of hardened sites, where the FMU-143 provides a delayed detonation to ensure a more complete destruction of the hardened target.
"ATK is proud to add this product to our portfolio of fuzing for defeat of hard and deeply buried targets," said Dave Fine, Vice President for ATK's Fuzing and Warheads Market Segment. "The FMU-143 is the only qualified production fuze for use in today's hard target defeat weapon systems. This complements our lead role in the development of next-generation hard target defeat fuzing systems, established through our earlier win of the FMU-167 Hard Target Void Sensing Fuze program."
"ATK has a tremendous program and manufacturing team dedicated to producing FMU-143 for the U.S. Air Force and Navy," said Cary Ralston, Vice President and General Manager of ATK Missile Products Division. "We look forward to partnering with our teammate and customers to deliver the highest quality product and to provide this critical capability to the U.S. Armed Forces."
Production of the FMU-143 will occur at the L-3 FOS facility in Cincinnati and the Allegany Ballistics Laboratory (ABL) facility in Rocket Center, W.Va. ABL is a U.S. Navy-owned, ATK-operated facility specializing in advanced manufacturing technologies for a variety of programs supporting current and future U.S. industrial base needs in advanced fuzing and integration, conventional munitions assemblies, solid rocket motor propulsion, and advanced material structures.
Source: Alliant Tech Systems, Inc (ATK) (NYSE: ATK)
Date: Oct 23, 2012