Alliant Techsystems (NYSE: ATK) has been awarded a contract to provide 30mm PGU-46/B High Explosive Incendiary (HEI) ammunition for the ATK-produced Mk44 30mm cannon on the MC-130W Combat Spear gunship.
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The contract was awarded to ATK by the U.S. Air Force Special Operations Command (SOCOM) and is valued at $20 million. The MC-130W Combat Spear gunship will support operations in Iraq and Afghanistan. ATK will produce the ammunition at the company's facilities in Radford, Va. and Rocket Center, W.Va. Deliveries are to be completed by December 2010.
Alliant Techsystems Inc. (ATK) is a supplier of aerospace and defense products to the United States government, allied nations, and prime contractors. It is also a supplier of ammunition and related accessories to law enforcement agencies and commercial customers. As of March 31, 2009, the Company had three segments: ATK Armament Systems, ATK Mission Systems and ATK Space Systems.
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