ATK Receives $88.5 Million in New Medium-Caliber Gun and Ammunition Orders

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MINNEAPOLIS — Alliant Techsystems (NYSE: ATK) has received a total of $88.5 million in new medium-caliber gun and ammunition orders. These orders are in addition to the previously announced $53 million contract to produce Mk19 Mod-3 Grenade Machine Guns. The orders were received from a variety of domestic and international customers.

ATK’s Mesa, Arizona facility will manufacture the guns, which include the Mk44 and M242 Bushmaster chain guns, as well as the Mk19. The Mk19 contract significantly expands ATK’s portfolio of gun systems. The company will produce the medium-caliber ammunition, including 20mm, 25mm, and 30mm cartridges, at its facilities in Lake City, Missouri, and Radford, Virginia.

The company currently manufactures 25mm through 40mm variants of its Bushmaster cannons and more than eight million rounds of medium-caliber ammunition per year. The cannons are sold in more than 30 countries and are the primary gun on the U.S. Army’s Bradley Fighting Vehicle and Apache helicopter.

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