Bill Kasting: ATK Continues to Provide Anti-Radiation Guided Missile to Navy

ATK logoATK (NYSE: ATK) has won a $96.2 million contract to produce the third lot of advanced produce anti-radiation guided missile system for the U.S. Navy and the branch’s allies.

ATK will also kick off the third full-rate production of the captive air training missiles for the U.S. Navy and Italian Air Force, the company said Monday.

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“We look forward to continuing to provide this critical weapons system on schedule and on budget to the U.S. Navy and our allies, ” said Bill Kasting, vice president and general manager of ATK’s defense electronic systems division.

The air-launched missile system applies to Destruction of Enemy Air Defense operations and works to target new surface-to-air systems.

The Navy approved the initial operational capability for AARGM in July 2012 and the full rate production in September 2012.

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