Author: Mary-Louise Hoffman|| Date Published: August 8, 2017
The U.S. Army has awarded a potential five-year, $500 million shared contract to four companies for the supply of non-standard mortar weapon systems and ammunition.
The Defense Departmentsaid Monday the service branch will provide work locations and funds upon issuance of individual orders to Orbital ATK (NYSE: OA), Chemring Military Products, Global Ordnance and UDC USA under the firm-fixed-price contract.
All four contractors are scheduled to complete work by Aug. 6, 2022.
Orbital ATK and Chemring were also awarded positions on a separate five-year, $750 million contract in March last year to provide non-standard ammunition products to the service branch.
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The U.S. Army has awarded a potential five-year, $500 million shared contract to four companies for the supply of non-standard mortar weapon systems and ammunition.
