ATK, L3 Each Win $125M for AF Sounding Rocket Program

NASA photo

ATK‘s (NYSE: ATK) launch systems company and L-3 Communications (NYSE: LLL) have individually won a $125 million contract modification to continue work on a U.S. Air Force sounding rocket program.

The Defense Department said ATK’s work in Corrine, Utah and L-3’s work in Orlando, Fla. is scheduled to finish by March 17, 2015.

NASA says sounding rockets are used to collect scientific data and conduct engineering tests for 30-minute sessions each.

After launch, a scientific payload separates from the rocket and conducts an experiment in space, then re-enters Earth’s atmosphere by parachute.

Experiments last between 5 and 20 minutes at altitudes of between 30 and 800 miles, the space agency says.

ATK recently provided composite and launch technologies for a National Reconnaissance Office rocket.

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