Home / Tag Archives: ammunition

Tag Archives: ammunition

Orbital ATK Secures $76M in Army Orders for Small-Caliber Ammunition

TYSONS CORNER, VA, May 26, 2017 — Orbital ATK (NYSE: OA) will supply 0.50-caliber ammunition to the U.S. Army under orders worth $76 million combined following a similar order for small-caliber rounds in April, ExecutiveBiz reported Thursday. The company said Wednesday its defense systems group will produce the ammunition at its Lake …

Read More »

Orbital ATK Gets $92M in Small-Caliber Ammo Orders From Army

TYSONS CORNER, VA, April 12, 2017 — Orbital ATK (NYSE: OA) has received $92 million in orders from the U.S. Army for 7.62 mm and 5.56 mm ammunition as part of an existing supply contract, ExecutiveBiz reported Tuesday. The company said Monday it will produce the small-caliber ammunition at its Lake City Army …

Read More »

General Dynamics, Orbital ATK Units Picked for Army’s Ammo Cartridge Supply

TYSONS CORNER, VA, March 31, 2017 — The U.S. Army has selected General Dynamics (NYSE: GD) and Orbital ATK (NYSE: OA) subsidiaries to provide new and recapitalized ammunition cartridges under respective contracts worth $63.7 million and $47.5 million, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the Army will use the cartridges from General …

Read More »

Orbital ATK Lands Potential $119M Army Tank Round Development, Production Contract

Orbital ATK (NYSE: OA) has secured a potential $119 million contract to help the U.S. Army develop 120-millimeter ammunition for the Abrams Main Battle Tank. The company said Wednesday it will support the development and qualification of the service branch’s Advanced Multi-Purpose round over a 30-month period under the contract’s base term valued at $45 million. …

Read More »

Orbital ATK Receives $50M Order for Non-US Standard Ammunition

TYSONS CORNER, VA, Jan. 25, 2017 — Orbital ATK (NYSE: OA) has received a $50 million order from the U.S. government to supply non-U.S. standard ammunition to the Defense Department and international allies, ExecutiveBiz reported Tuesday. The company said Monday the award adds to at least $200 million in non-U.S. standard ammunition orders in …

Read More »

Army Taps Sig Sauer for $580M Modular Handgun Contract

Sig Sauer has won a potential 10-year, $580.2 million contract to supply the U.S. Army with a new handgun system designed to replace the service branch’s M9 pistol. The Army Contracting Command received nine proposals for the Modular Handgun System contract and expects work to conclude on Jan. 19, 2027, the …

Read More »

Orbital ATK Backs Govt Satellite Orders to Help Offset Weak Commercial Market Demand

Orbital ATK (NYSE: OA) said Tuesday the aerospace and defense contractor sees satellite orders from military and other government agencies as a counterbalance to continued soft demand from commercial customers. CEO David Thompson told investors the Dulles, Virginia-based company forecasts orders from the defense community, NASA and other science agencies to represent 75-80 …

Read More »

August 10 Market Close: GovCon Index Falls on Orbital ATK Plunge After Accounting Disclosure

Executive Mosaic’s GovCon Index recorded its worst session in four weeks Wednesday despite gainers as the clear majority after Orbital ATK (NYSE: OA) announced it would restate all financial results dated back to April 2014. Shares in Orbital ATK plummeted 20.25 percent — or $17.987 — at the stock’s biggest one-day loss in nearly a year after the space systems …

Read More »

Orbital ATK to Restate Financials & Delay 2Q Filing on Accounting Review

Orbital ATK (NYSE: OA) said Wednesday it plans to restate almost two years of financial results on accounting issues and will delay the filing of its quarterly report for the most recent quarter as the company carries out an accounting review in its defense segment. The Dulles, Virginia-based space systems and ammunition maker said …

Read More »

Orbital ATK to Provide Weapons Systems to DoD Under New Task Order

TYSONS CORNER, VA, April 19, 2016 — Orbital ATK (NYSE: OA) will provide mortar weapon systems and non-U.S. standard ammunition to the Defense Department under a $20 million task order, ExecutiveBiz reported Monday. The company said Monday the contract is a follow-on award to a three-year indefinite-delivery/indefinite-quantity contract that concluded in …

Read More »