07.02.2007 14:07:00
|
ATK Receives $37 Million in Orders for Tank Training Ammunition
MINNEAPOLIS, Feb. 7 /PRNewswire-FirstCall/ -- Alliant Techsystems has received orders worth $37 million from the U.S. Army Sustainment Command, Rock Island, Ill. to continue production of 120mm training ammunition used by the Army's M1A1/A2 Abrams main battle tank and to continue to provide logistics support for the ammunition.
This is the fourth annual procurement under a four-year contract with a total value of $228 million. Deliveries are slated to begin in February 2008. ATK has produced 120mm tank training ammunition for over 27 years. It has delivered over 3.8 million rounds to the U.S. Army and U.S. Marine Corps, as well as NATO Allies.
"A trained and ready military is essential to the defense of our nation," said Dave Wise, Vice President ATK Advanced Weapons. "ATK's tank training rounds help ensure that our Army and Marine tank crews are prepared to fight and win on the battlefield."
ATK is a $3.5 billion advanced weapon and space systems company employing approximately 15,500 people in 21 states. News and information can be found on the Internet at http://www.atk.com/.
Certain information discussed in this press release constitutes forward- looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
Media Contact: Investor Contact: Brian Grace Steve Wold Phone: 952-351-5574 Phone: 952-351-3056 E-mail: brian.grace@atk.com E-mail: steve.wold@atk.com
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Alliant Techsystems Inc.mehr Nachrichten
Keine Nachrichten verfügbar. |