Demonstrated Reliability and Affordability Continue to Drive Demand
DULLES, Va.May 15, 2017--
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that the company has received contracts
valued at $53 million to produce large caliber training ammunition for
the U.S. Army. The orders include both 120mm and 105mm ammunition types.
The 120mm training ammunition, used by the Abrams main battle tank,
includes the M865 kinetic energy and the M1002 multi-purpose tank
training rounds. The 105mm M724A2 is used for crew training on the
Stryker Mobile Gun System vehicles. These training rounds closely
replicate tactical ammunition in appearance and ballistic performance to
provide the warfighter with an affordable, yet realistic training
High-quality training ammunition is essential to the warfighter, who
must be prepared to react decisively on today's battlefield, said Dan
Olson, Vice President and General Manager for the Armament Systems
Division of Orbital ATK s Defense Systems Group. By leveraging our
expertise in tactical ammunition, we have produced training rounds that
are visually and ballistically similar to their counterpart tactical
rounds while meeting the reliability and safety performance requirements
for use on U.S. and European ranges.
The contracts include production of new M1002 and M724A2 rounds to fill
inventories and the recapitalization of existing M865 and M1002 rounds
to extend their service life.
Orbital ATK has delivered nearly 5 million rounds of large caliber
tactical and training tank ammunition to the U.S. Army, U.S. Marine
Corps and allied militaries over the years. Through its proven,
system-level contracting approach that reduces the risk to the customer,
Orbital ATK has delivered a constant supply of ammunition that is
consistently reliable and affordable.
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 12,500 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