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Article: United States: ATK Receives $97 Million in Tank Ammunition Orders.
- Article from:
- TendersInfo
- Article date:
- June 18, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: mohammed05
Alliant Techsystems announced today that it has received $97 million in follow-on production and new contracts for tactical and training tank ammunition from the U.S. Army. If all production options are exercised, the total value of the contracts could exceed $300 million.
The U.S. Army awarded ATK a four-year contract, with a potential value in excess of $200 million, to continue production of the 120mm training ammunition used by the M1A1/A2 Abrams main battle tank. Under terms of the contract, ATK will also provide logistics support for the ammunition.
The first order is valued at approximately $48 million and deliveries ...