Tag Archives: ammunition

BAE Wins $688M to Build Army Howitzers; Mark Signorelli Comments

BAE Systems has won a potential $688 million contract to start production work on self-propelled howitzers for the U.S. Army. Low rate initial production for the base period is valued at $195 million and covers 19 Palidin howitzers with 18 carrier ammunition tracked vehicles, BAE said Thursday. The Army holds options to purchase …

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ATK to Buy Bushnell for $985M Cash; Mark DeYoung Comments

ATK (NYSE: ATK) has agreed to buy outdoor sporting goods maker Bushnell Group Holdings for $985 million cash in a move aimed at expanding ATK’s commercial and security ammunition portfolio. ATK expects to close the deal within the last two quarters of its 2014 fiscal year and expects the acquisition to …

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ATK to Buy Gun Manufacturer for $315M Cash; Mark DeYoung Comments

ATK (NYSE: ATK) has agreed to purchase the parent company of hunting rifle and shotgun manufacturer Savage Sports Corp. for $315 million cash as ATK seeks to grow its commercial and security ammunition business. The acquisition of the Caliber Company is subject to regulatory approvals and other customary closing conditions …

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BAE Radford Ammo Plant to Get $240M Upgrade

A Radford, Va.-based ammunition production plant run by BAE Systems is set to get a $240 million upgrade, the Roanoke Times reports. The British contractor’s U.S. subsidiary took charge of the Radford Army Ammunition Plant from ATK (NYSE: ATK) July 1 and could break ground on a new facility for producing …

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ATK Awarded $8.5B Contract for Rifle Ammunition, Plant Operation

ATK (NYSE:ATK) has won a fixed-price contract with economic-price-adjustment worth up to $8, 480, 000, 000 to provide small caliber rifle ammunition. ATK is also expected to operate, maintain and modernize the Lake City Army Ammunition Plant. Work is estimated to be completed by Sept. 30, 2022 and the location will …

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SSA Seeking 174K Bullets, Contract Set-Aside for Disabled Vet-Owned Firms

The Social Security Administration wants to buy 174, 000 bullets, Business Insider reports. Robert Johnson reports a reader directed the website to a FedBizOpps notice, describing the agency’s request for the .357 hollow point bullets. The SAA is reserving competition for the contract to service-disabled veteran-owned small businesses, the said …

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General Dynamics Wins $97M For Army Training, Tank Ammo

General Dynamics’ (NYSE: GD) ordnance and tactical systems unit has won three contracts worth $97 million total to produce tank and artillery training ammunition for the Army, the company announced Monday. The company said Monday that the Army will receive 120-milimeter M865 and M1002 tank training ammunition, 105-milimeter M1130 high-explosive …

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ATK Wins $2B Army Small Caliber Ammo Contract

ATK (NYSE: ATK) has won a $2, 541, 000, 000 U.S. Army contract to provide the branch with small caliber ammunition, the Defense Department announced Monday. The Arlington, Va.-based aerospace and defense firm will produce 5.56 millimeter ammunition on the contract, with the Pentagon expecting work to run through Sept. …

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ATK Wins $30M to Supply Afghan Security Forces with Non-Standard Ammunition

ATK (NYSE: ATK) has won a $30 million order to supply non-standard ammunition to Afghan security forces. The company will provide the ammunition through the U.S. Army‘s product director for non-standard ammunition at Picatinny Arsenal, N.J. “ATK is focused on international expansion and continuing our outstanding performance on supply chain management, …

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