Alliant Techsystems has received an additional $93M in orders for small caliber ammunition from the U.S. Army Sustainment Command in Rock Island, Ill. These orders are for 5.56mm, 7.62mm and .50-caliber ammunition that will be produced by ATK at the Lake City Army Ammunition Plant in Independence, Mo. :theflyonthewall.com
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Alliant Techsystems sees FY13 sales reduced by loss of ammunition plant
Alliant Techsystems's operating results in FY13 will be impacted by the recent loss of the Radford Army Ammunition Plant, which is expected to reduce FY13 sales by approximately $17M. The company also expects continued pressure in its NASA and military ammunition businesses due to the constrained federal budget :theflyonthewall.com