Article: ATK Awarded $3.6 Million Contract to Develop Next-Generation Tank Ammunition Training Cartridge.

MINNEAPOLIS, Oct. 5 /PRNewswire/ --

ATK (NYSE: ATK) (Alliant Techsystems), said it has been awarded a $3.6 million contract from the U.S. Army Armament, Research, Development, and Engineering Center (ARDEC), Picatinny Arsenal, N.J., for the first phase of development of a new 120mm tank ammunition training cartridge for use by the U.S. Army's M1A1/A2 main battle tank. The contract includes an additional development phase plus production options that could increase the total value to $35 million over the next six years.

Under the contract, Alliant Ammunition Systems Company, New Brighton, Minn., will develop the XM1002 Target Practice with Tracer ...

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