New M829E4 Round Provides Abrams Tanks the Ability to Defeat All
Current and Future Threat Armor
DULLES, Va.Jul. 20, 2015--
Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that the M829E4 Advanced Kinetic Energy
120mm tactical tank cartridge has passed First Article Acceptance
Testing and is entering into production. A full material release
decision is expected prior to government fiscal year 2016.
Orbital ATK s current M829E4 production contract includes this first
year s production and exercisable options for two follow-on production
years with a total value of $80 million. An additional five-year,
production contract is expected to fulfill Army inventory requirements.
Ammunition contracts are awarded through the U.S. Army Maneuver
Ammunition Systems through its role as the Single Manager for
Conventional Ammunition, the organization responsible for the
procurement of ammunition for all U.S. Armed Services.
During our more than 30 years of large caliber ammunition program
experience with the Army, we have now partnered with the U.S. Army to
type classify 11 of the 13, 120mm tactical and training rounds for the
Abrams tank, said Dan Olson, vice president and general manager for
Orbital ATK s Armament Systems division of the Defense Systems Group.
From initially providing the 120mm ammunition that upgunned the
Abrams from a 105mm to a 120mm main gun platform until today, our
company has made it a business priority to partner with the Army to
maintain the Abrams' standing as the world's dominant tank.
The M829E4 Armor Piercing Fin Stabilized, Discarding Sabot with Tracer
Cartridge is the Army's fifth generation, 120mm kinetic energy cartridge
that features a penetrator capable of defeating all current, modern
armor protection suites as well as future armor protection concepts.
The cartridge incorporates an advanced design, long-rod penetrator and
an exclusive composite sabot that facilitates the most efficient
transfer of energy to maximize the rod s penetrating power. The use of a
unique propellant blend maintains a consistent muzzle velocity across
operational temperatures ranging from extreme cold to extreme hot.
Additionally, the advanced combustible cartridge case incorporates a
relocated skive joint placement that improves armor crew safety during
Orbital ATK Defense Systems Group is an industry leader in providing
innovative and affordable ammunition, precision and strike weapons,
electronic warfare systems, and missile components across air-, sea-,
and land-based systems.
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 20 states across the U.S. and in
several international locations. For more information, visit www.orbitalatk.com.
Source: Orbital ATK, Inc.
Orbital ATK, Inc.
Defense Systems Group Communications
Barron Beneski, 703-406-5528
Public and Investor