Contracts Cover Ammunition Production for Domestic and Allied
Customers As Well As Next Generation Tank Round
DULLES, Va.Oct. 12, 2015--
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that the company has received domestic and
international contracts for medium- and large-caliber ammunition valued
at $105 million. These new orders span a range of 20, 25 and 30mm
tactical and target practice ammunition for multiple U.S. and allied
services for use with air, sea and land weapons platforms, as well as
120mm tactical and training ammunition for the Abrams Main Battle Tank.
The contracts were awarded to Orbital ATK through the U.S. Army Project
Manager Maneuver Ammunition Systems in its role as the Single Manager
for Conventional Ammunition.
Orbital ATK announced orders for medium and large caliber ammunition for $105 million. (Photo: Business Wire)
We are committed to being the partner of choice for the production and
development of ammunition for a wide variety of combat systems, said
Dan Olson, Vice President and General Manager of Orbital ATK s Armament
Systems Division of the Defense Systems Group. Our contributions to the
soldier are to provide a continuous supply of ammunition for training
and tactical use, and to develop ammunition that provides a distinct
combat advantage for those defending their nation s security.
Orders for large caliber ammunition include a contract for the full-rate
production of its next generation 120mm Kinetic Energy anti-tank
cartridge, M829A4 which recently received type classification and has
passed its initial lot acceptance testing. Full rate production is
expected to begin in early 2016. This new Kinetic Energy tank ammunition
highlights the core competencies of Orbital ATK and provides the U.S.
Army s Abrams Main Battle Tank with combat overmatch against threat
systems with Explosive Reactive Armor and other types of advanced
complex base armor.
In addition, Orbital ATK received an order for the 120mm M1002
Multi-Purpose Anti-Tank target practice cartridge, which provides tank
crews with realistic training ammunition to maintain Abrams tank combat
crew efficiency.
Contracts awarded for the production of 20mm ammunition are for the
PGU-27 target and PGU-28 tactical Semi-Armor Piercing High Explosive
Incendiary commonly used with fighter aircraft. Additional 20mm orders
included the MK244 Armor Piercing Discarding Sabot Enhanced Lethality
cartridge which is used with the U.S. Navy s Phalanx system and the M940
Multi-Purpose Tracer Self-Destruct cartridge for use with the U.S.
Army s Counter Rocket, Artillery and Mortar (C-RAM) system. These rounds
will be produced at the Lake City Army Ammunition Plant in the new
Orbital ATK-managed production facility, which recently surpassed
one-million rounds of production for 20mm ammunition.
Orders for 25mm ammunition included the M792 High Explosive Incendiary
with Tracer and Self Destruct cartridge which features a self-destruct
fuze exclusively produced by Orbital ATK. M792 is fired by the M242
Bushmaster, KBA, M811 or GAU-12 cannons.
The company also received a contract for the production of the 30mm
MK266 High Explosive Incendiary rounds, which use a low-drag fuze
created and produced exclusively by Orbital ATK. They can be used with
the company s MK44 Bushmaster cannon or any cannon firing 30mm x 173mm
ammunition.
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 more than 12,000 people in 18 states across the U.S. and in
several international locations. For more information, visit www.orbitalatk.com.
Source: Orbital ATK
Orbital ATK
Media Contact:
Bryan Kidder, 410-864-4932
Defense
Systems Group Communications
bryan.kidder@orbitalatk.com
or
Investor
Contact:
Barron Beneski, 703-406-5528
Public and Investor
Relations
barron.beneski@orbitalatk.com