ENP Newswire -
Release date- 05062014 -
These awards will provide ammunition to arm air platforms such as the A-10, Apache attack helicopter and the AC-130 gunship, as well as training ammunition for crews maintaining their gunnery expertise on the Apache and Abrams main battle tank.
The contracts were awarded through
'Developing and producing ammunition that provides superior performance and reliability is the cornerstone of our business,' said
'ATK strives to always provide our U.S. military customers with the quality and accuracy they demand, no matter the product,' said
Program management for medium- and large-caliber ammunition is provided from the ATK Defense facility in
The ammunition types supported through these contracts include the 30mm PGU-13 High Explosive Incendiary cartridge, LW30mm M788 Target Practice, M789 High Explosive Dual Purpose tactical ammunition, 40mm L/60 High Explosive Incendiary cartridge, and 120mm M1002 Multi-Purpose Anti-Tank, Target Practice with Tracer cartridge.
The 30mm PGU-13 High Explosive Incendiary cartridge is used to defeat light material targets and supports tactical use of the U.S. Air Force A-10 GAU-8/A Gatling gun.
The LW30mm M788 Target Practice and M789 High Explosive Dual Purpose tactical ammunition are fired from the
The 40mm L/60 High Explosive Incendiary cartridge is fired from the 40mm, M2A1 cannon for air-to-surface engagements by the U.S. Air Force AC-130 gunship.
The 120mm M1002 Multi-Purpose Anti-Tank, Target Practice with Tracer is designed for use with the M1A1/A2 Abrams main battle tank. The M1002 closely replicates the M830A1 High Explosive Anti-Tank, Multi-Purpose with Tracer tactical ammunition in appearance and ballistic performance to provide the armor crewman with an affordable, yet realistic training experience. This award is for year three of a four-year, multi-year contract previously awarded to ATK for tank training ammunition.
Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.
Among those factors are: changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the
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