Orbital ATK Awarded $120 Million in Contracts for Medium Caliber and Large Caliber Ammunition
April 14 2015 - 8:30AM
Business Wire
Contracts Support U.S. and Allied
Warfighters With Ammunition for Air, Sea and Land Platforms
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that the company recently received
domestic and international contracts for tactical and target
practice medium- and large-caliber ammunition valued at $120
million.
Medium caliber orders included a broad range of purchases for
20mm, 25mm, 30mm and LW30mm ammunition for multiple services for
use with air, sea and land weapons platforms. These contracts are
awarded through the U.S. Army Maneuver Ammunition Systems in its
role as the Single Manager for Conventional Ammunition.
“Our development and production of highly reliable and effective
ammunition for the warfighter spans a wide spectrum of technologies
and capabilities,” said Dan Olson, vice president and general
manager for the company’s Armament Systems division of the Defense
Systems Group. “Whether we are creating new, or producing proven
ammunition types, our focus on our mission remains constant as we
provide superior armaments and services to those who defend their
nation’s security.”
International medium caliber orders span a range of 25mm
cartridges, including the M791 Armor Piercing Discarding Sabot with
Tracer and its ballistically-matched, target practice counterpart
M793 which provides realistic training at a low cost.
The large-caliber ammunition contracts are for the 120mm, M1002
Multi-Purpose Anti-Tank, Target Practice with Tracer, and M865
Target Practice Cone Stabilized Discarding Sabot with Tracer
designed for use with the Abrams main battle tank.
Additional large caliber awards are for further development and
low-rate production of the M829E4, which is the U.S. Army’s fifth
generation, 120mm kinetic energy anti-tank cartridge. The cartridge
incorporates an advanced design, long-rod penetrator and
proprietary, three-petal composite sabot that facilitates the most
efficient transfer of energy to maximize the rod’s penetrating
power.
Orbital ATK Defense Systems Group is an industry leader in
providing innovative and affordable ammunition, precision and
strike weapons, electronic warfare systems, and missile components
across air-, sea-, and land-based systems.
About Orbital ATK
Orbital ATK is a global leader in aerospace and defense
technologies. The company designs, builds and delivers space,
defense and aviation systems for customers around the world, both
as a prime contractor and merchant supplier. Its main products
include launch vehicles and related propulsion systems; missile
products, subsystems and defense electronics; precision weapons,
armament systems and ammunition; satellites and associated space
components and services; and advanced aerospace structures.
Headquartered in Dulles, Virginia, Orbital ATK employs more than
12,000 people in 20 states across the United States and in several
international locations. For more information, visit
www.orbitalatk.com.
Media Contact:Bryan Kidder, 410-864-4932Defense Systems
Group Communicationsbryan.kidder@orbitalatk.comorInvestor
Contact:Barron Beneski, 703-406-5528Orbital ATK,
Inc.barron.beneski@orbitalatk.com
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