ATK has received additional orders worth $10 million for non-standard ammunition (NSA) in support of its current NSA multi-year contract with the U.S. Army Contracting Command in Rock Island, Ill. The three-year contract calls for ATK to acquire and deliver a broad range of NSA, or non-NATO ammunition, to Kabul, Afghanistan, to train and sustain allied security forces.
Since December 2008, ATK has successfully delivered more than 220 million non-standard material items to Afghanistan including, but not limited to, small, medium and large-caliber ammunition, mortars, RPG munitions, aviation rockets, and non-standard weapons. ATK deliveries for these products on average have been more than one month ahead of schedule.
ATK is a premier aerospace and defense company with operations in 24 states, Puerto Rico, and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at ATK.com.
Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: changes in governmental spending, budgetary policies and product sourcing strategies; the company’s competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK’s most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
ATK has received additional orders worth $10 million for non-standard ammunition (NSA) in support of…
by Tactical-Life.com / Oct 21, 2010