MINNEAPOLIS --- ATK the nation's largest manufacturer of ammunition, has been awarded a $92 million contract to produce approximately 265 million rounds of small-caliber ammunition at the Lake City Army Ammunition Plant in Independence, Mo. to meet increased Army training requirements. The contract will raise production at the plant to its highest level in the past 15 years.
The contract award from the U.S. Army Operations Support Command, Rock Island, Ill., which is an add-on to the fourth annual procurement under a ten-year basic contract, is being funded in part by the Army's Defense Emergency Response Force budget.
ATK Lake City Small Caliber Ammunition, which manages the Lake City Army Ammunition Plant for the Army, will produce the rounds. Deliveries are slated to begin in August 2002 and continue through July 2003.
"The ATK Lake City team is committed to meeting the U.S. Army's need for expedited delivery of training ammunition called for under this contract award," said Karen Davies, president, ATK Lake City Small Caliber Ammunition. "We share a common goal with our Army partners: to produce the highest-quality small-caliber ammunition for our nation's fighting forces."
ATK Lake City Small Caliber Ammunition, the leading supplier of small-caliber training and tactical ammunition to the Department of Defense, produces 5.56mm, 7.62mm, .30-caliber, .50-caliber, and 20mm cartridges at the Lake City plant. The company is one of three operating units within ATK's Ammunition Group.
ATK is a $2 billion aerospace and defense company with leading positions in propulsion, composite structures, munitions, and precision capabilities. The company, which is headquartered in Edina, Minn., employs approximately 11,600 people and has three business groups: Aerospace, Precision Systems, and Ammunition.
ATK Awarded $92 Mn Contract For Small-Caliber Ammunition To Meet Increased Training Requirements