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ATK Receives Contract for M228 Practice Grenade Fuzes

Thursday, October 1st, 2009 at 10:03 AM

ATK Receives $9.7 Million Follow-on Contract for M228 Practice Grenade Fuzes
Contract Options Could Raise Total Award Value to $50 Million Over Five Years. Contract Follows Successful Run-up to Full Rate Capacity on Highly Automated Production Line.

ATK

ATK

MINNEAPOLIS, MN --(AmmoLand.com)- Alliant Techsystems (NYSE: ATK) has received a follow-on production contract valued at $9.7 million for M228 Practice Grenade Fuzes. The contract was awarded by the U.S. Army Contracting Command, Rock Island, Illinois, and follows an initial production contract awarded to ATK in 2005.

If all options are exercised, the total value of the contract would be worth approximately $50 million throughout the expected production run from the fall of 2010 thru 2015. Work on the contract will be performed by ATK at the Allegany Ballistics Laboratory in Rocket Center, W.Va.

The M228 fuze attaches to the reusable M-69 training grenade body. When initiated during training exercises, the fuze precisely measures a time delay before detonating a small black powder charge that creates realistic audio and visual cues for the warfighter to enhance the training experience.

“ATK installed a highly-automated production line to ensure that the M228 meets the quality and delivery standards our customers expect,” said Bart Olson, Vice President and General Manager of ATK Tactical Propulsion and Controls. “ATK’s high-rate manufacturing capability provides the U.S. Army the ability to effectively meet hand grenade training requirements, and prepare our warfighters for the challenges they will face in battle.”

ATK has produced more than 7.5 million fuzes for U.S. and allied customers.

About:
ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at www.atk.com.

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ATK to Supply Non-Standard Ammunition for Afghanistan Security Forces

Thursday, October 1st, 2009 at 9:26 AM

ATK Awarded $105 Million Multi-Year Contract to Supply Non-Standard Ammunition for Afghanistan Security Forces
If All Options are Exercised, Total Value Could Exceed $200 Million. ATK Builds Upon Experience, Employing Global Supply Chain Management Expertise.

ATK

ATK

MINNEAPOLIS, MN --(AmmoLand.com)- Alliant Techsystems (NYSE: ATK) has received an initial $105 million contract award as part of a three-year contract by the U.S. Army Sustainment Command in Rock Island, Ill., to supply various types of non-standard (non-NATO) ammunition for the security forces of Afghanistan.

If all options are fully exercised, the contract value could potentially exceed $200 million. This is ATK’s second contract from the U.S. Army to supply non-standard (non-NATO) ammunition for the security forces of Afghanistan. The first $87 million contract award was announced in December 2008.

In this new contract, ATK will integrate a larger team of international manufacturers for the delivery of non-standard (non-NATO) munitions, including small, medium and large-caliber ammunition, as well as mortars and rockets. ATK’s program and technical expertise, coupled with its global supply chain management capability, will ensure continued timely deliveries of quality non-standard (non-NATO) ammunition to Afghanistan.

“ATK continues to expand its global presence through international outreach initiatives,” said Mark DeYoung, President ATK Armament Systems. “By using ATK’s core strengths and the in-depth knowledge gained during the original Afghanistan non-standard ammunition program, we are providing low-risk armament systems solutions to meet the continuously emerging requirements of our customers.”

About:
ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at www.atk.com.

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