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ATK receive 415.6 million dollar funding for small-caliber Ammunition orders

ATK (published 09/04/2008)
 

Alliant Techsystems (ATK)has received an additional $415.6 million in military small-caliber ammunition orders and modernization funding for the Lake City Army Ammunition plant. The contracts were awarded by the U.S. Army Sustainment Command, Rock Island, Ill.


In fiscal year 2008 ATK delivered 1.4 billion rounds of military small
caliber ammunition, and expects to deliver roughly the same amount in FY09.
ATK operates the U.S. Army's Lake City Ammunition plant in Independence, Mo.,
where it produces a mix of 5.56mm, 7.62mm, .50-caliber and 20mm cartridges.
Working in partnership with the Army, ATK has expanded the manufacturing
capacity at the facility to 1.6 billion rounds and has continued to modernize
the WWII-era plant.

'We are proud of the role we play in supporting the men and women in
uniform,' said ATK Armament Systems President Mark DeYoung, 'and we're
grateful to have the opportunity to continue to provide them with high
quality Ammunition they can count on.'

 

 

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