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MINNEAPOLIS - Military contractor Alliant Techsystems Inc. said Monday it received $97 million in orders and new contracts to supply tactical and training tank ammunition for the U.S. Army.
| ATK | 79.06 |  1.34 |
The first contract is a four-year deal to continue to production of 120mm training ammunition used by an Army battle tank. The deal has a potential value of more than $200 million.
The first order, which is set to be delivered in February 2009, is valued at about $48 million.
Alliant Techsystems also said it received a contract to continue production of another 120mm tank ammunition, worth about $44 million.
The company also received a $5 million order to produce a 105mm training round used by a mobile gun vehicle. If all production options are exercised, the total value of the contracts could exceed $300 million.
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