Exercisable Production Options Bring Total Contract Value to $119
DULLES, Va.Feb. 8, 2017--
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that the company was awarded a $45 million
dollar contract to complete development of the next generation 120 mm
multi-purpose round for the Abrams Main Battle Tank. The award funds the
final development and qualification for the U.S. Army s Advanced
Multi-Purpose (AMP) round.
(Photo: Business Wire)
The contract calls for a 30-month development and qualification
deliverable, and also includes three exercisable options for initial and
full-rate production that could bring the total contract value to $119
Our development of advanced ammunition types provides combat overmatch
for the soldier, said Dan Olson, Vice President and General Manager for
Orbital ATK s Armament Systems Division of the Defense Systems Group.
When fielded, AMP will greatly improve the Abrams main-gun ammunition
capabilities by closing the ATGM and wall breach capability gaps.
The AMP round provides the warfighter with new capabilities to defeat
Anti-Tank Guided Missile Teams/dismounted infantry and breach
double-reinforced concrete walls. Additionally, the AMP consolidates the
capabilities of four existing 120 mm munitions including defeat of
light-armor, bunkers, and obstacle reduction, resulting in a reduced
logistical burden while also allowing the warfighter to battlecarry a
single munition for multiple engagement scenarios.
Using the Abrams ammunition data link, the gunner will use the fire
control system to program the AMP fuze for a specific operational mode
(point detonate or airburst). The versatility of the round lies in the
crew s ability to specify the engagement mode which in turn, greatly
reduces crew reaction time and increases battlefield survivability.
Since 1980, Orbital ATK has partnered with the U.S. Army, to
successfully type-classify 12 of the 14 current 120 mm tactical and
training rounds for the Abrams tank and has delivered more than 4
million 120 mm tank rounds to the U.S. Army, U.S. Marine Corps, and
allied militaries. The company has qualified and is in production with
the M829A4 Advanced Kinetic Energy round, which provides the ability to
defeat current and projected threat tanks equipped with third generation
reactive armor and active protection systems.
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 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
Bryan Kidder, 410-864-4932
Systems Group Communications
Barron Beneski, 703-406-5528
Public and Investor