DULLES, Va.May 9, 2018-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, and IMI Systems Ltd. have announced a teaming agreement in which Orbital ATK will produce and supply a U.S. version of IMI s 500-lb Multi-Purpose Rigid Bomb (MPR500) and the MPR family of bombs for the United States.

With today s warfighting landscape shifting to an increasingly asymmetric environment, there is a growing demand for high versatility, high reliability and low collateral damage precision weapons with a penetration capability. According to IMI, the MPR500 is similar in form and fit to the MK-82 and offers proven penetration capability and controlled fragmentation for a concentrated blast.

Our first initiative in this agreement will be exploring how MPR500, a combat proven technology, can be transitioned into an economical and rapidly fielded solution for our U.S. warfighters, said Pat Nolan, Vice President and General Manager of Missile Products within Orbital ATK s Defense Systems Group. We are hopeful that this relationship will lead to future product enhancements and additional opportunities for Orbital ATK and IMI Systems to collaborate.

Orbital ATK s Defense Systems Group is an industry leader in providing innovative and affordable precision and strike weapons, advanced propulsion and hypersonics, missile components across air-, sea- and land-based systems, ammunition and related energetic products.

About Orbital ATK

Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs approximately 14,000 people across the U.S. and in several international locations. For more information, visit www.orbitalatk.com.

About IMI Systems

Established in 1933 as Israel Military Industries Ltd, and a wholly owned by the State of Israel, IMI Systems Ltd is a globally recognized defense systems house, specializing in the development and manufacturing of comprehensive combat-proven solutions and technologies for the air ,land, naval and cyber and homeland security (HLS) requirements of the modern battlefield. Positioned among the world s leader defense solution providers, the nationwide company employs 3200 employees in its various business areas which include Air, Armor, Infantry, Artillery, Naval, HLS and Small Caliber Ammunition, as well as in its variety of manufacturing, test and laboratory facilities, and has four subsidiaries: IMI Academy for Advanced HLS Training and Ashot Ashkelon Ltd located in Israel and IMI Services and IMI Trading located in the USA. For more information, visit www.imisystems.com.

Source: Orbital ATK

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