Orbital ATK announced Wednesday it was awarded a $115 million contract by the U.S. Army to produce small-caliber ammunition.

The 5.56mm, 7.62mm and .50 caliber ammunition will be manufactured at the Lake City Army Ammunition Plant in Independence, Mo., which is owned by the U.S. government and operated by Orbital ATK.

"This latest order continues a long history of supplying only the highest quality, most reliable ammunition to our warfighters," Jim Nichols, vice president and general manager of Orbital ATK's Small Caliber Systems division of the Defense Systems Group, said in a press release.

"Working with the U.S. Army, we will continue to focus on readiness, reducing risk, accelerating new capabilities while meeting operational demands and continuing key cost-effectiveness measures."

In collaboration with the U.S. Army, the company recently modernized it's Lake City Army Ammunition plant, located in Independence, Mo., which is owned by the Army but operated by Orbital.

In all, Orbital ATK has invested more than $100 million in the plant since 2012. The plant originally was established by Remington Arms in 1941 to manufacture and test small caliber ammunition for the U.S. Army.

Related Links
The latest in Military Technology for the 21st century at SpaceWar.com

Tweet

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

DARPA Announces First Annual Electronics Resurgence Initiative Summit
Washington DC (SPX) Apr 10, 2018
The microelectronics community is facing an array of long foreseen obstacles to Moore's Law, the transistor scaling that has allowed for 50 years of rapid progress in electronics. Current economic, geopolitical, and physics-based complications make the future of the electronics industry uniquely interesting at this moment. To jump-start innovation in the field, DARPA announced in June 2017 that it would coalesce a broad series of programs into the Electronics Resurgence Initiative (ERI). ERI, whic ... read more