These orders are part of contracts that cover the next seven years and could extend for up to 10 years, the company said Monday.
The company will produce the 5.56-millimeter, 7.62-millimeter and .50-caliber ammunition at the Lake City Army Ammunition Plant in Independence, Mo.
“Our vision for Lake City is a highly-efficient production facility that is lean, scalable and sustainable for the next generation of the nation’s warfighters, ” said Kent Holiday, vice president and general manager of ATK’s small caliber systems division.