All-Electronic Fuze Will Be Next Generation Fuze for Future Precision
DULLES, Va.Oct. 28, 2015--
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that it has received an award totaling
$426 million for first article test and qualification and production of
FMU-139D/B fuzes and fuze accessories. The contract, awarded by the U.S.
Naval Air Systems Command, includes qualification and first article
testing activities. An initial amount of $24 million from the Navy and
U.S. Marine Corps will be obligated at time of award.
With our history of innovation and track record for dependable
performance, Orbital ATK continues to demonstrate its commitment as a
technology partner to the U.S. government, said Mike Kahn, President of
Orbital ATK s Defense Systems Group. FMU-139 D/B is a prime example of
Orbital ATK s leadership in precision-guided munitions.
Building on the success of its all-electronic FMU-167/B Hard Target Void
Sensing Fuze (HTVSF), Orbital ATK s FMU-139D/B will elevate the
capability of the military s longstanding, general purpose FMU-139 bomb
fuze. The all-electronic FMU-139D/B will deliver game changing
capabilities in the areas of reliability, increased fuze functionality,
and added capability to defeat hard and deeply buried targets.
Orbital ATK s FMU-139D/B will be the cornerstone of the military s
general purpose bomb fuze for the foreseeable future, said Pat Nolan,
Vice President and General Manager for Orbital ATK s Missile Products, a
division of the Defense Systems Group. This award affirms our position
as a technology leader within the military fuze and sensor industry, and
will deliver more capability and greater reliability to our warfighter.
Working in conjunction with Orbital ATK s design facility in Plymouth,
Minnesota, production will be performed at the company s Allegany
Ballistics Laboratory (ABL) facility in Rocket Center, West Virginia.
Production is expected to run through May 2024.
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
Bryan Kidder, 410-864-4932
Systems Group Communications
Barron Beneski, 703-406-5528
and Investor Relations