AMTEC to Supply 40mm Military Grenades to Iraq Under $85M Army Foreign Sales Deal

military in trainingAMTEC has received a potential $84.5 million contract from the U.S. Army to produce 40mm grenade systems for  Iraq

AMTEC will perform work under the firm-fixed-price, foreign military sales contract through September 30, 2019, the Defense Department said Tuesday.

The Army Contracting Command obligated the full contract amount from the service branch’s “other” procurement funds for fiscal 2014, 2015 and 2016.

Janesville, Wisconsin-based AMTEC manufactures low and high velocity 40mm grenades as well as firing devices, impact switches, precision fuzes and initiators for U.S. and international defense customers.

You may also be interested in...

research and development

$105M DOE R&D Funding Opportunity Opens for Small Businesses

The Department of Energy plans to award $105M in total research and development grants for the second phase of its fiscal 2021 Small Business Innovation Research and Small Business Technology Transfer initiatives.

Kevin Kelly advisory board member Enlightenment Capital

Former CACI Exec Kevin Kelly Joins Enlightenment Capital Advisory Board

Kevin Kelly, former president of the national security and innovative solutions sector at CACI International (NYSE: CACI), has been named an advisory board member at investment firm Enlightenment Capital. He brings more than 25 years of government services industry experience to the board and will support Enlightenment's portfolio companies in national security business growth efforts, the company said Monday.