Nov 11, 2013 ASDNews Source : Alliant Tech Systems, Inc (ATK)
Under New Production Contract at Lake City Army Ammunition Plant
Orders Total Approximately $387 Million
ATK has received orders for approximately $387 million for small-caliber rifle ammunition to be produced at the Lake City Army Ammunition Plant. The orders fall under the plant's new production contract, which began Oct. 1, 2013, and include a mix of 5.56mm, 7.62mm and .50-caliber high-quality military ammunition.
In 2012, the U.S. Army Contracting Command, Rock Island (ACC-RI) selected ATK to continue production of small-caliber ammunition and operation and maintenance of the Independence, Mo., plant under new contracts. The contracts initially cover the next seven years through FY19, with a potential award term for a total contract term of up to 10 years.