News Release Issued: October 25, 2010 8:00 AM EDT
ATK Begins Full Rate Production of the U.S. Army’s New Enhanced Performance
Current Orders Total Nearly 300 Million Rounds
EPR is Significant Breakthrough in 5.56mm Ammunition Performance
MINNEAPOLIS, Oct. 25 /PRNewswire/ – ATK (NYSE: ATK) has received orders from the U.S. Army’s Program Manager for Maneuver Ammunition Systems (PM-MAS) for nearly 300 million rounds of the new M855A1 Enhanced Performance Round (EPR).
The EPR is an enhanced version of the M855 5.56mm cartridge, used by U.S.
troops since the early 1980s. ATK is producing the new cartridge at the Lake
City Army Ammunition Plant in Independence, Mo. ATK produced the initial 20
million rounds of M855A1, which were delivered to the troops in Afghanistan
earlier this year.
“This is a significant breakthrough in ammunition performance for America’s
warfighters,” said Mark Hissong, ATK Small Caliber Systems Vice President and
General Manager. “To ensure optimal performance, ATK and the Army put the EPR through the most rigorous and thorough test regime of any round we have everproduced. The result is the successful fielding of a high-performance round that is in theater today, and capable of providing superior firepower in any combat condition.”
ATK partnered with the Army to develop a flexible manufacturing plan to
rapidly transition the EPR program into high-volume production. The new round
offers a higher velocity for more energy on target, improved hard-target
capability, and greater accuracy and consistency for effectiveness at long
range. The round’s technological advancements, coupled with ATK’s innovative
approach to ammunition engineering, have delivered what the Army calls “the
most significant advancement in general purpose small caliber ammunition in
ATK is a premier aerospace and defense company with operations in 24 states,
Puerto Rico and internationally, and revenues of approximately $4.8 billion.
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Reform Act of 1995. Although ATK believes that the expectations reflected in
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