Orbital ATK Wins $426 Million Award for Munitions Fuze Program
By Business Wire News
By Business Wire News
Orbital ATK(NYSE: OA), a global leader in aerospace and defense technologies, announced today that it has received an award totaling $426 million for first article test and qualification and production of FMU-139D/B fuzes and fuze accessories. The contract, awarded by the U.S. Naval Air Systems Command, includes qualification and first article testing activities. An initial amount of $24 million from the Navy and U.S. Marine Corps will be obligated at time of award.
“With our history of innovation and track record for dependable performance, Orbital ATK continues to demonstrate its commitment as a technology partner to the U.S. government,” said Mike Kahn, President of Orbital ATK’s Defense Systems Group. “FMU-139 D/B is a prime example of Orbital ATK’s leadership in precision-guided munitions.”
Building on the success of its all-electronic FMU-167/B Hard Target Void Sensing Fuze (HTVSF), Orbital ATK’s FMU-139D/B will elevate the capability of the military’s longstanding, general purpose FMU-139 bomb fuze. The all-electronic FMU-139D/B will deliver game changing capabilities in the areas of reliability, increased fuze functionality, and added capability to defeat hard and deeply buried targets.
“Orbital ATK’s FMU-139D/B will be the cornerstone of the military’s general purpose bomb fuze for the foreseeable future,” said Pat Nolan, Vice President and General Manager for Orbital ATK’s Missile Products, a division of the Defense Systems Group. “This award affirms our position as a technology leader within the military fuze and sensor industry, and will deliver more capability and greater reliability to our warfighter.”
Working in conjunction with Orbital ATK’s design facility in Plymouth, Minnesota, production will be performed at the company’s Allegany Ballistics Laboratory (ABL) facility in Rocket Center, West Virginia. Production is expected to run through May 2024.
Orbital ATK’s Defense Systems Group is an industry leader in providing innovative and affordable precision and strike weapons, advanced propulsion and hypersonics, missilecomponents across air-, sea- and land-based systems, ammunition and related energetic products.
About Orbital ATK
Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs more than 12,000 people in 18 states across the U.S. and in several international locations. For more information, visit www.orbitalatk.com.
Bryan Kidder, 410-864-4932
Defense Systems Group Communications
Barron Beneski, 703-406-5528
Public and Investor Relations