ATK Awarded $5.8 Million Contract for Production of Infrared Decoy Flares
Aug 29, 2000
ATK (Alliant Techsystems, NYSE: ATK) said it has been awarded a contract valued at $5.8 million from the U.S. Naval Inventory Control Point -- Mechanicsburg, Pa., to produce MJU-38 infrared decoy flares for use by Navy tactical aircraft. ATK Kilgore Flares Company, Toone, Tenn., will manufacture the flares.
David R. Fischer, president, ATK Kilgore Flares Company, said the contract award reinforces ATK's position as the largest supplier of infrared decoy flares to U.S. aviation forces.
"ATK Kilgore Flares Company has been a major source for military pyrotechnics since World War II, and today is one of the world's foremost producers of infrared decoy flares," said Fischer. "We are pleased to continue that tradition with this new contract."
The MJU-38 flare is ejected from U.S. Navy tactical aircraft to present false targets to heat-seeking missiles. It is used by the F-14, F/A-18, A-4, A-6, EA-6B, A-7, and other high-performance aircraft.
ATK Kilgore Flares Company is one of four operating companies within ATK's Conventional Munitions Group, which designs and produces small-caliber, medium-caliber, and large-caliber ammunition, munitions propellants, commercial gunpowder, infrared decoy flares, and munitions primers and tracers. The group employs approximately 2,950 people in six states. Sales in fiscal year 2000 were $430 million.
ATK is a $1.1 billion aerospace and defense company with leading market positions in munitions, smart weapons and precision capabilities, propulsion, and composite structures. The company, which is headquartered in Hopkins, Minn., employs approximately 6,400 people and has three business segments: Conventional Munitions, Aerospace, and Defense Systems. ATK news and information can be found on the Internet at http://www.atk.com/
SOURCE: Alliant Techsystems
Contact: Media, Rod Bitz, 612-931-5413, rod_bitz@atk.com, or Investors,
Melanie E. R. Miller, 612-931-6921, melanie_miller@atk.com, both of Alliant Techsystems
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
