ATK (NYSE: ATK) secured a contract worth $35.8 million to fund the engineering and manufacturing development of the Hard Target Void Sensing Fuze program. The work is a joint project run by the Navy and Air Force.
According to the firm, “The HTVSF is an advanced technology, cockpit-programmable fuze that provides the capability to destroy deeply-buried targets not reachable by other fuzing options.”
The EMD work carries a 37-month term.
“ATK has a tremendous engineering and operations team dedicated to making HTVSF a success, and we are proud to have been selected, ” said Mike Kahn, president of ATK Missile Products Group. “Our expertise in the design, development and production of innovative, reliable, and affordable precision fuzing products positions ATK well to meet future needs.”