MINNEAPOLIS- Alliant Techsystems (NYSE: ATK), the largest supplier of ammunition to the United States military, has received an additional $104.3 million in military small-caliber ammunition orders from the U.S. Army Sustainment Command in Rock Island, Ill. Work on the contracts will be performed by ATK, at the Lake City Army Ammunition Plant (LCAAP), in Independence, Mo. ATK began operating the plant in 2000. The company is also under contract with the Army to modernize the facility to increase efficiency and capacity.
LCAAP produces a mix of 5.56mm, 7.62mm, .50-caliber and 20mm cartridges. Working in partnership with the Army, ATK has expanded manufacturing capacity at the plant. The company is on track to deliver 1.4 billion rounds of ammunition in FY09.
ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and approximately $4.6 billion in revenue. News and information can be found on the Internet at http://www.atk.com/
MINNEAPOLIS- Alliant Techsystems (NYSE: ATK), the largest supplier of ammunition to the United States…
by Tactical-Life.com / Sep 15, 2008