ARLINGTON, Va., Oct. 3 (UPI) -- ATK reports it is to continue production of small-arms ammunition for the U.S. Army as well as operate an Army ammunition plant.
The Lake City Army Ammunition Plant, in Independence, Mo., produces 5.56mm; 7.62mm; .50-caliber and 20mm rounds. ATK has run the plant since 2001. In addition to production of ammunition, it also performs ammunition and weapon testing.
The new contract, including options, is for 10 years. The monetary value of the award wasn't disclosed.
"ATK is proud to continue our collaboration with the U.S. Army, building on more than a decade of direct operational experience, to assure the continued health and vitality of the small-caliber ammunition enterprise," said Mark DeYoung, president and chief executive officer of ATK.
"Our vision for Lake City reasserts our commitment to deliver safe, affordable solutions that ensure LCAAP remains the most responsive military industrial asset in the world."
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