Orbital ATK Receives $115 Million in New Production Orders from the U.S. Army for Small-Caliber Ammunition
10 Abril 2018 - 7:00AM
Business Wire
Orbital ATK Employees at Lake City Army
Ammunition Plant Produce Highest Quality Ammunition for U.S.
and Allied Warfighters
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today that it has received new orders
totaling more than $115 million to produce small-caliber ammunition
for the U.S. Army. The Army placed orders for a variety of 5.56mm,
7.62mm and .50 caliber ammunition, which will be manufactured at
the U.S. government-owned, Orbital ATK-operated Lake City Army
Ammunition Plant in Independence, Missouri.
Orbital ATK is the largest manufacturer of small-caliber
ammunition for the U.S. Department of Defense. Since 2000, Orbital
ATK has produced more than 18 billion rounds of small-caliber
ammunition at Lake City to primarily support U.S. and allied
warfighters around the globe.
“This latest order continues a long history of supplying only
the highest quality, most reliable ammunition to our warfighters,”
said Jim Nichols, Vice President and General Manager of Orbital
ATK's Small Caliber Systems division of the Defense Systems Group.
“Working with the U.S. Army, we will continue to focus on
readiness, reducing risk, accelerating new capabilities while
meeting operational demands and continuing key cost-effectiveness
measures.”
Since 2012, Orbital ATK has invested over $100 million in the
Lake City Army Ammunition Plant including capital and research and
development. In collaboration with the U.S. Army, Orbital ATK has
recently undertaken strategic and critical modernization projects
that immediately resulted in cost savings, safety and quality
improvement.
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 14,000 people across the U.S. and in several
international locations. For more information, visit
www.orbitalatk.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180410005143/en/
Orbital ATKMedia Contact:Nathan Drevna,
410-864-4932Defense Systems Group
Communicationsnathan.drevna@orbitalatk.comorInvestor
Contact:Barron Beneski, 703-406-5528Public and Investor
Relationsbarron.beneski@orbitalatk.com
Orbital Atk, Inc. (delisted) (NYSE:OA)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Orbital Atk, Inc. (delisted) (NYSE:OA)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024