ATK Awarded $73 Million Contract for Tank Ammunition Training Rounds
Mar 5, 2002
ATK (Alliant Techsystems) (NYSE: ATK) has been awarded a contract valued at $73 million from the U.S. Army Operations Support Command, Rock Island, Ill., to continue production of 120mm training ammunition used by the Army's M1A1/A2 Abrams main battle tank.
ATK Ammunition Systems, Arden Hills, Minn., will manage the contract, which represents the fourth annual procurement under a five-year basic contract received in 1999. Deliveries are slated to begin in December 2002 and continue through October 2003.
ATK produces a complete family of tactical and training rounds for main battle tanks. The company also is developing the U.S. Army's next-generation combat and training ammunition for the Abrams tank.
ATK is a $2 billion aerospace and defense company with leading positions in propulsion, composite structures, munitions, and precision capabilities. The company, which is headquartered in Edina, Minn., employs approximately 11,200 people. ATK news and information can be found on the Internet at http://www.atk.com/
SOURCE: Alliant Techsystems
Contact: Investors, Steve Wold, +1-952-351-3056, steve_wold@atk.com, or
Media, Rod Bitz, +1-952-351-3063, rod_bitz@atk.com, both of Alliant Techsystems
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