ATK Receives Additional $49 Million in Modernization Project Funding for the Lake City Army Ammunition Plant
Januart 26, 2009, Minneapolis -- Alliant Techsystems has received an additional $49 million from the U.S. Army Sustainment Command in Rock Island, Ill. for critical modernization projects at the Lake City Army Ammunition Plant (LCAAP) in Independence, Mo.
An operator of the LCAAP since 2000, ATK has successfully partnered with the U.S. military to modernize the facility and expand the manufacturing capacity and capabilities of the plant. ATK is the largest supplier of ammunition to the United States military, producing a mix of 5.56mm, 7.62mm, .50-caliber,and 20mm cartridges. The company remains on track to deliver 1.4 billion rounds of ammunition in FY09. (atk.com)