ATK Receives New Order for MOLLE II Kits
Order Supports ATK's Growth Strategy into the Expanding Security Market
Read Market Research :
The Soldier Modernisation Market 2010-2020
(Minneapolis, May 10, 2010) -- Alliant Techsystems (NYSE: ATK) announced today that its Eagle Industries, Unlimited subsidiary has received a delivery order from the U.S. Army to produce Modular Lightweight Load-Carrying Equipment (MOLLE II) kits in a new camouflage pattern, that the Army chose specifically for the Afghanistan conflict. Eagle will begin delivery of the MOLLE II equipment kits by the end of August, 2010 to support the U.S. Army's operational needs in Afghanistan.In response to the U.S. Army's approved plan to field all U.S. Soldiers deployed in Afghanistan with new equipment and uniforms in MultiCam(r), Eagle Industries immediately began preparing its supply chain and production lines to support the Army's efforts. Eagle Industries has produced MOLLE equipment kits for the Army since 2007 and has produced a wide variety of survivability systems in the MultiCam(r) pattern for military and commercial customers for over four years. The MultiCam(r) pattern was designed by Crye Precision to increase concealment capability across multiple environments.
"MOLLE kits are a core part of our growing security business," said Ron Johnson, President of ATK's Security and Sporting group. "The Army's decision to outfit all of its Soldiers in Afghanistan with this new camouflage pattern presents a new opportunity for ATK as we build-out our security portfolio, which now includes the recent acquisition of the Blackhawk Products Group."
Source : Alliant Tech Systems, Inc (ATK) (NYSE: ATK) - click here for more information
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