Article: United States: ATK Receives $97 Million in Tank Ammunition Orders.

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 ...

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