Orbital ATK Awarded Five-Year Contract to Supply Non-Standard Ammunition to Department of Defense
19 April 2016
Orbital ATK, Inc. (OA), a global leader in aerospace and defense technologies, announced today that it has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract award with the U.S. government to supply non-U.S. standard ammunition (NSA) and mortar weapons systems for the Department of Defense (DOD) in support of international allies. The selection of Orbital ATK as a provider to the NSA program demonstrates the company’s expertise in program, technical and supply chain management, and is complemented by a worldwide team of proven suppliers.
Orbital ATK received orders of approximately $300 million under the previous three-year NSA IDIQ contract, which expired in December 2015. The company has been the leading supplier to the NSA program since its inception in 2008, providing 600 million units of NSA products to our country’s allies. This new IDIQ contract comes with an initial award of approximately $20 million.
“Orbital ATK is pleased to continue providing non-standard ammunition to the United States Army for use in strategic geographic theaters throughout the world,” said Kent Holiday, Vice President and General Manager of Orbital ATK's Small Caliber Systems division of the Defense Systems Group. “The strength of our team is our worldwide supply chain that provides affordable, high-quality ammunition to our allies.”
Orbital ATK is the operator of the U.S. Army’s Lake City Army Ammunition Plant in Independence, Missouri, where it is the largest manufacturer of small caliber ammunition for the U.S. Department of Defense.
Orbital ATK Defense Systems Group is an industry leader in providing innovative and affordable ammunition, precision and strike weapons, electronic warfare systems, and missile components across air-, sea-, and land-based systems.
Source : beta.finance.yahoo.com