ATK receives $95 mln ammunition contract from FBI

Article Posted on : - Nov 04, 2010

MINNEAPOLIS (BNS): ATK has received 5.56 caliber duty and training ammunition contract from Federal Bureau of Investigation (FBI) on Wednesday.

The company has received five year Indefinite Delivery/Indefinite Quantity (IDIQ) agreement with a maximum value of $95 million.

ATK will produce the mission-specific ammunition at its facility in Anoka, Minnesota.

"This contract is the result of a focused effort to expand our business in an important strategic market. Our core ammunition technology provides the ideal platform for meeting this important customer need," Ron Johnson, President of ATK's Security and Sporting group said.

The company will begin the delivery of ammunition by the end of 2010.

Other Related News

Defence Ministry signs contract worth over Rs. 2,890 cr with HAL for Mid Life Upgrade of 25 Dornier Aircraft of Indian Navy

MoD inks contracts worth Rs 8073 cr with HAL to procure 34 advanced light helicopters

Infantry combat vehicle upgrades: Govt inks deal with AVNL

MQ9 B drone sales to India enters next step as Congressional notification completes 30 days

The sale of 31 MQ9-B SkyGuardian Drones to India is expected to be fast-tracked now that the major hurdle of mandatory 30 days of Congressional notification is likely to pass without any objection from the lawmakers on Sunday, but for the routine procedural matters posed by the upcoming general elections.