ATK Wins $102M Navy Guided Missile Order; Bill Kasting Comments

ATKATK (NYSE: ATK) has won a $102.4 million contract from the U.S. Navy to build guided missiles and training missiles.

The contract covers the second batch of Advanced Anti-Radiation Guided Missiles and Captive Air Training Missiles for the Navy, as well as two international governments, the company said Thursday.

Italy will acquire the AARGM missiles and Australia will purchase the CATM missiles under the foreign military sales program.

Bill Kasting, vice president and general manager of ATK’s defense electronic systems division, said the contract marks the start of AARGM deliveries to foreign customers through the Defense Department‘s sales process.

AARGM missile systems are designed to help air forces gain situational awareness and destroy enemy air defenses, ATK says.

Australia is acquiring the CATM systems to train troops on the country’s fleet of EA-18G Growler jets.

Check Also

Vectrus Wins Potential $210M Navy IDIQ for Air Base Operations Support

Vectrus (NYSE: VEC) has won a potential eight-year, $210M contract from the U.S. Navy to provide operations support for Isa Air Base in Bahrain and the installation's outlying support facilities.

Douglas Helton

Douglas Helton Joins Noblis as Transportation Systems Business Dev’t Lead; Mile Corrigan Quoted

Douglas Helton, a nearly 36-year veteran of the aviation industry, has joined Noblis' federal civilian solutions mission area as business development director for transportation systems.