Alliant Techsystems Receives $25 Million Contract from the U.S. Army to Supply Apache Helicopter Ammunition
Rochester, New York 10/09/2009 01:15 AM GMT (TransWorldNews)
Alliant Techsystems (NYSE: ATK) has received a $25 million contract from the U.S. Army Contracting Command, Rock Island Contracting Center, Rock Island, Ill. Alliant will provide lightweight 30mm M789 High Explosive Dual Purpose tactical ammunition for the AH-64D Apache attack helicopter. This option is added to a base contract of $86 million. Production of the option to the contract will begin in March 2011 in Radford, Va. and Rocket Center, West Virginia.
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Alliant produces over eight million rounds of medium caliber ammunition each year. The air bursting rounds that were developed for the U.S. Navy and Marine Corps and the ammunition for ATK's LW 25mm chain gun are all part of the company's lineup of medium caliber ammunition.
About Alliant Techsystems
Alliant Techsystems Inc. (ATK) is a supplier of aerospace and defense products to the United States government, allied nations, and prime contractors. It is also a supplier of ammunition and related accessories to law enforcement agencies and commercial customers. As of March 31, 2009, the Company had three segments: ATK Armament Systems, ATK Mission Systems and ATK Space Systems. ATK Armament Systems develops and produces military ammunition and gun systems, commercial products, tactical accessories and equipment, and propellant and energetics. ATK Mission Systems operates in two areas: Weapon Systems and Aerospace Systems. ATK Space Systems operates in two businesses: Launch Systems and Spacecraft Systems. The Company produces rocket motors for tactical weapons fired by aircraft, ships, ground platforms, and combat troops. In March 2009, the Company acquired Eagle Industries.
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