According to the Department of Defense, “ATK (NYSE: ATK) was awarded an estimated $29, 000, 000 cost, no-fee facilities acquisition contract for restoration projects in support of the Navy’s continuing restoration program at Allegany Ballistics Laboratory. The Allegany Ballistics Laboratory is a government-owned, contractor-operated, Navy Industrial Reserve Ordnance Plant. The Navy’s operating contractor is ATK. Work will be performed in Rocket Center, W.Va., and is expected to complete by April 2013. Funds will not expire at the end of the current fiscal year. The contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-11-E-4310).”
ATK Sails to New Navy Deal
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