Orbital ATK Awarded $350 Million Advanced Anti-Radar Guided Missile Contract
September 27 2017 - 8:30AM
Business Wire
Contract Includes Sixth Full-rate Production
Lot of AARGM Missiles and Option for the Seventh Lot
AARGM Provides Unmatched Protection from
Surface-to-Air Threats
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, has been awarded a contract worth as much as $350
million from the U.S. Navy to continue full-rate production (FRP)
of the AGM-88E Advanced Anti-Radiation Guided Missile (AARGM). With
an initial award of $157 million for FRP Lot 6 U.S. Navy missiles,
this contract will deliver advanced capability to our warfighters.
The contract also includes an option for FRP Lot 7 missiles. The
contract covers all-up round missiles and captive air training
missiles for the U.S. Navy, Italian Air Force and other allies
through Foreign Military Sales orders. AARGM provides the U.S. Navy
and our allies with critical mission capabilities to counter the
accelerating proliferation of surface-to-air threats.
“Today’s battlefield is rapidly evolving and the number of
threats emerging around the world continues to grow. AARGM is an
affordable solution that provides advanced capabilities to those
protecting our nation and allies each and every day,” said Cary
Ralston, Vice President and General Manager of Orbital ATK’s
Defense Electronic Systems Division of the company’s Defense
Systems Group. “AARGM’s game-changing technology is vital to the
warfighter’s success and equips pilots with the most advanced
solution to detect and defeat surface-to-air-threats.”
AARGM is a supersonic, air-launched tactical missile system,
upgrading legacy AGM-88 HARM systems with advanced capability to
perform destruction of enemy air defenses. AARGM is the most
advanced system for pilots, with in-cockpit, real-time electronic
order- of-battle situational awareness against today’s modern
surface-to-air threats. It is able to rapidly engage traditional
and non-traditional advanced land- and sea-based air-defense
threats, as well as striking time-sensitive targets.
AARGM is a U.S. Navy and Italian Air Force international
cooperative major acquisition program with the U.S. Navy as the
executive agent. AARGM is currently deployed and supporting
operational requirements for the U.S. Navy and U.S. Marine Corps.
The missile is integrated into the weapons systems on the FA-18C/D
Hornet, FA-18E/F Super Hornet and EA-18G Growler aircraft. AARGM is
anticipated to achieve Initial Operational Capability on the
Italian Air Force’s Tornado ECR aircraft in 2018.
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 13,000 people 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/20170927005330/en/
Media Contact:Orbital ATKNancy Stoehr-Campbell,
818-887-8471Defense Electronic Systems
Communicationsnancy.stoehr-campbell@orbitalatk.comorInvestor
Contact:Orbital ATKBarron Beneski, 703-406-5528Public and
Investor Relationsbarron.beneski@orbitalatk.com
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