Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

ATK Picks Up $488 Million in Ammo Orders Via ID/IQ

ATK (NYSE: ATK) has received orders totaling more than $488 million for small caliber ammunition pursuant to an ID/IQ contract with the U.S. Army Contracting Command, Rock Island.

According to the firm, “this order includes a mix of 5.56mm, 7.62mm and .50 caliber military ammunition.”

“This latest set of orders includes an increase in the demand for the new M855A1 Enhanced Performance Round, which is getting very positive reviews by the warfighter, ” explained ATK Small Caliber Systems Vice President and General Manager Mark Hissong.  “We’ve produced more than 100 million rounds of the M855A1 EPR since transitioning it into full-rate production last year.  We will increase EPR production rates this year as we complete the modernization of high-speed, high-volume 5.56mm production equipment used to manufacture this new high performance round.”

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles