Jay Clemens
Orbital ATK (NYSE: OA) has been awarded a contract to produce small caliber ammunitions worth $203 million for the U.S. Army.
The Army recently placed orders for .30 caliber, .50 caliber, 5.56mm and 7.62mm ammunition under the seven-year contract, the company said Wednesday.
Orbital ATK will perform work at its recently updated factory in Lake City.
Our commitment to world class quality and value-added services is unwavering,†said Kent Holiday, vice president and general manager of Orbital ATK’s small caliber systems division of the Defense Systems Group.
“It is our proud legacy to be the U.S. Army’s leading supplier of small caliber ammunition by continuing to provide [materials that the soldier can trust].”
