Market Overview

Orbital ATK Receives $203 Million in Small Caliber Ammunition Orders

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DULLES, Va.--(BUSINESS WIRE)--

Orbital ATK, Inc. (NYSE: OA) announced today that it has received orders totaling $203 million to produce small caliber ammunition for the U.S. Army. Orders for .30 caliber, .50 caliber, 5.56mm and 7.62mm ammunition were placed over the past few months under Orbital ATK's seven-year supply contract to produce a variety of small caliber ammunition for the U.S. government at the Lake City Army Ammunition Plant (Lake City) in Independence, Missouri.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151014005028/en/

Orbital ATK has announced that it has received orders totaling $203 million to produce small caliber ...

Orbital ATK has announced that it has received orders totaling $203 million to produce small caliber ammunition for the U.S. Army. Orders for .30 caliber, .50 caliber, 5.56mm and 7.62mm ammunition were placed over the past few months under Orbital ATK's seven-year supply contract. (Photo: Business Wire)

"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 reliable, affordable ammunition that warfighters have come to depend on."

Orbital ATK has operated Lake City for the U.S. Army since 2000, producing 19 billion rounds of small caliber ammunition. Orbital ATK and the U.S. Army are making facility upgrades and investing in state-of-the-art, high-volume technology to enhance the efficiency and cost-effectiveness of Lake City.

Orbital ATK's Defense Systems Group is an industry leader in providing innovative and affordable precision and strike weapons, advanced propulsion and hypersonics, missile components across air-, sea- and land-based systems, ammunition and related energetic products.

About Orbital ATK

Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs more than 12,000 people in 18 states across the United States and in several international locations. For more information, visit www.orbitalatk.com.

Orbital ATK
Media Contact:
Bryan Kidder, 410-864-4932
Defense Systems Group Communications
bryan.kidder@orbitalatk.com
or
Investor Contact:
Barron Beneski, 703-406-5528
Public and Investor Relations
barron.beneski@orbitalatk.com

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