ATK Receives $88.5 Million in New Medium-Caliber Gun and Ammunition Orders

  • (Source: ATK Alliant Techsystems)
  • 12:00 AM, November 5, 2008
  • 2535
MINNEAPOLIS --- Alliant Techsystems has received a total of $88.5 million in new medium-caliber gun and ammunition orders. These orders are in addition to the previously announced $53 million contract to produce Mk19 Mod-3 Grenade Machine Guns. The orders were received from a variety of domestic and international customers.>> ATK's Mesa, Arizona facility will manufacture the guns, which include the Mk44 and M242 Bushmaster chain guns, as well as the Mk19. The Mk19 contract significantly expands ATK's portfolio of gun systems. The company will produce the medium-caliber ammunition, including 20mm, 25mm, and 30mm cartridges, at its facilities in Lake City, Missouri, and Radford, Virginia.>> ATK is the world's leader in medium-caliber systems, offering innovative chain gun technology and a suite of medium-caliber ammunition, including air bursting capabilities. The company currently manufactures 25mm through 40mm variants of its Bushmaster cannons and more than eight million rounds of medium-caliber ammunition per year. The cannons are sold in more than 30 countries and are the primary gun on the U.S. Army's Bradley Fighting Vehicle and Apache helicopter. The weapons systems ATK provides to its customer base offer affordable survivability solutions to meet their needs.>>> ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and approximately $4.6 billion in revenue.>> -ends->>