ATK Will Supply Precision-Guided, Extended-Range Projectile for New Armament And Ammunition System
Apr 15, 2002
ATK (Alliant Techsystems) (NYSE: ATK) is part of an industry team headed by Lockheed Martin Missiles and Fire Control that has been selected to develop a smart ammunition suite for the U.S. Army's Multi-Role Armament and Ammunition System (MRAAS), which is a candidate armament system for Block 2 of the Future Combat System (FCS).
ATK Ammunition Systems, Arden Hills, Minn., will develop the MRAAS precision-guided, kinetic energy projectile (MRAAS-KE) and support Lockheed Martin in the development of two other complementary rounds that comprise its MRAAS munitions suite. MRAAS-KE will be a derivative of the Tank Extended Range Munition (TERM), a gun-launched, precision-guided munition that is compatible with 105mm and 120mm gun systems.
The MRAAS ammunition suite, which is designed to provide full-spectrum lethality, is also applicable to the Brigade Combat Team Mobile Gun System and the legacy force.
The MRAAS-KE projectile is one of a number of advanced precision munitions programs within ATK's newly formed Precision Systems Group, which is pursuing opportunities in precision armament and ammunition systems. ATK Ammunition Systems is one of four operating units that comprise the group.
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 11,600 people and has three business groups: Aerospace, Precision Systems, and Ammunition. ATK news and information can be found on the Internet at http://www.atk.com/
SOURCE: Alliant Techsystems
Contact: Media, Rod Bitz, +1-952-351-3063, rod_bitz@atk.com, or
Investors, Steve Wold, +1-952-351-3056, steve_wold@atk.com, both of Alliant Techsystems
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