Wednesday, 24 April 2013

ATK received a contract from United States to provide low cost guided missile for USSOCOM

ATK (NYSE: ATK) announced today that the company has received a $3.2 million contract award through the Defense Acquisition Challenge (DAC) Program to provide a low-cost, light-weight, precision guided missile for the U.S. Special Operations Command (USSOCOM) evaluation. 
The Guided Advanced Tactical Rocket is a 70 mm precision system that uses a semi-active laser guidance package to achieve extreme accuracy against both stationary and moving targets. 
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