Hello, Guest!
  • Thursday, April 18, 2024

Army Taps Orbital ATK, Chemring for $750M Ammo, Weapon System Supply Contract


military in trainingOrbital ATK (NYSE: OA) and Chemring Military Products have won positions on a potential five-year, $750 million contract to provide non-standard mortar weapons systems and ammunition for the U.S. Army.

The Army Contracting Command received four proposals for the firm-fixed-price contract and will obligate funds and assign work location upon award of each task order, the Defense Department said Monday.

Both contractors will perform work through March 27, 2021, according to DoD.

Perry, Fla.-based CMP is part of Chemring North America’s energetic systems business group that supplies ammunition, pyrotechnics, weapons systems and related platforms to the U.S. military and allied forces.

Video of the Day

Related Articles

Hon. Frank Calvelli: 4 Steps for Efficiently Bringing Space Capabilities to the Warfighter Events

Hon. Frank Calvelli: 4 Steps for Efficiently Bringing Space Capabilities to the Warfighter

The current space architecture and methodologies for developing and fielding new space technologies came about before space was a contested arena. Or, perhaps in the time between when space was first a contested environment — the Space Race of the 1950s through the 1970s — and the present day. In the modern climate, nations such

DOD’s Updated Guidance Suggests Ways to Manage Inflation-Related Cost Increases Under FFP Contracts Contract Awards

DOD’s Updated Guidance Suggests Ways to Manage Inflation-Related Cost Increases Under FFP Contracts

The Department of Defense has released a memorandum to provide updated guidance on approaches that contracting officers can consider to manage cost increases as a result of inflation under existing firm-fixed-price contracts. The memo states that contracting officials could consider taking schedule relief or amending contract requirements in circumstances where there is a need to

William LaPlante: Pentagon Prepares New Contract Pricing Guidance Industry News

William LaPlante: Pentagon Prepares New Contract Pricing Guidance

The Department of Defense is working to finalize guidance meant to provide its contracting officials more flexibility when it comes to reimbursing companies facing the effects of higher prices, Federal News Network reported Thursday. William LaPlante, undersecretary for acquisition and sustainment at DOD, said the updated policy document could be available within the next week