Orbital ATK Signs $69 Million Contract to Produce Artillery Precision Guidance Kits Through 2019
August 04 2016 - 8:30AM
Business Wire
Innovative Technology Transforms
Conventional Artillery Projectiles with Precision
Capability
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that the company has received a $69
million contract that exercises a second option from the U.S.
Government to produce artillery precision guidance kits (PGK) for
the U.S. military. PGK-fuzed projectiles allow battlefield
commanders to more safely employ artillery with greater accuracy
and less risk of collateral damage. Orbital ATK produced 4,779 PGK
fuzes under the low-rate initial production contract and has
transitioned to full-rate production to support the current program
needs.
PGK combines guidance and fuze function for 155mm conventional
artillery projectiles into one device. By simply replacing a
standard fuze with Orbital ATK's guidance fuze, artillery
projectiles are reliably delivered to within 30 meters (or closer)
of the intended target. This degree of accuracy greatly reduces
conventional artillery dispersion which can be 200 meters or
more.
“Extensive, rigorous testing continues to prove maturity of PGK
technology in terms of producibility, reliability, performance and
safety,” said Dan Olson, Vice President and General Manager for
Orbital ATK’s Armament Systems division. “This is an affordable,
game-changing technology that provides the warfighter with
precision and safety.”
Today’s battlefield is extremely complex and continually
evolving. Reducing the risk of civilian casualties and collateral
damage to infrastructure is critical. These constraints can
restrict the battlefield commander’s options and limit conventional
artillery use to engage critical targets. PGK-fuzed rounds provides
battlefield commanders with an organic precision capability that
puts artillery back into the fight.
Orbital ATK recently completed an initial PGK production run
which passed a series of nine separate lot acceptance tests that
demonstrated PGK's reliability to guide the round while in flight
and perform all fuze functions correctly under extreme
environmental conditions.
The company recently expanded its production capability to
accommodate full-rate production and is delivering on the first
full-rate contract that runs through 2018. With the signing of the
$69 million second option, Orbital ATK will deliver PGK fuzes
through 2019.
PGK greatly increases artillery accuracy through Orbital ATK’s
innovative design which features a fixed-canard guidance approach
with gun-hardened electronics and a self-generated power supply.
PGK performs all standard fuze functions while also incorporating a
“fail safe” option, preventing the projectile from detonating if it
does not get close enough to the target.
Orbital ATK’s Defense Systems Group is an industry leader in
providing innovative and affordable precision and strike weapons,
advanced propulsion and hypersonics, missile components across
air-, sea- and land-based systems, ammunition and related energetic
products.
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
approximately 12,000 people in 18 states across the U.S. and in
several international locations. For more information, visit
www.orbitalatk.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160804005119/en/
Media Contact:Orbital ATKBryan Kidder,
410-864-4932Defense Systems Group
Communicationsbryan.kidder@orbitalatk.comorInvestor
Contact:Orbital ATKBarron Beneski, 703-406-5528Public and
Investor Relationsbarron.beneski@orbitalatk.com
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