ATK Awarded $166 Million in New Orders for Small-caliber Ammunition
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Wednesday, April 23, 2014


ATK Awarded $166 Million in New Orders for Small-caliber Ammunition

CONTINUED MODERNIZATION EFFORTS KEEP ATK ON TRACK TO REACH 1.5 BILLION IN CAPACITY

Minneapolis, January 19, 2006 – Alliant Techsystems (NYSE: ATK), the largest supplier of small-caliber ammunition to the United States military, has received additional small-caliber orders from the U.S. Army Field Service Command, Rock Island, Ill., worth more than $166 million. ATK operates the U.S. Army’s Lake City small-caliber ammunition plant in Independence, Mo., where it produces a mix of 5.56mm, 7.62mm, 50-caliber and various other small-caliber rounds.

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Since winning the contract to produce small-caliber ammunition in April 2000, ATK has steadily increased production. In partnership with the U.S. Army, ATK is modernizing the facility to reach a production capacity of 1.5 billion rounds annually by March 2006. The modernization effort is on schedule and ATK stands ready to provide U.S. forces with the small-caliber ammunition they need to train for, fight and win the global war on terror.

ATK is a $3.1 billion advanced weapon and space systems company employing approximately 15,000 people in 23 states. News and information can be found on the Internet at www.atk.com.

Media Contact:
Bryce Hallowell
Phone: 952-351-3087
E-mail: bryce.hallowell@atk.com

Investor Contact:
Steve Wold
Phone: 952-351-3056
E-mail: steve_wold@atk.com

Source : ATK

Published on ASDNews: Jan 19, 2006

 

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