ATK Receives $266M in Small Caliber Ammunition Orders

ATK

has received orders totaling more than $266 million for small caliber ammunition under an Indefinite Delivery/Indefinite Quantity (IDIQ) contract with the U.S. Army Contracting Command, Rock Island (ACC-RI). This order includes a mix of 5.56mm, 7.62mm and .50-caliber military ammunition to be produced at the Lake City Army Ammunition Plant in Independence, Mo. ATK has operated the Lake City plant since April 2000. The Army and ATK are nearing completion of a $276 million modernization project at the Lake City facility. This includes the capacity to increase production of the new 5.56mm Enhanced Performance Round. ATK has delivered approximately 250 million of these rounds since transitioning to production in 2010.