Orbital ATK wins USD426m award for munitions fuze program

Orbital ATK (NYSE: OA) said it has received an award totaling USD426 million for first article test and qualification and production of FMU-139D/B fuzes and fuze accessories.

The contract, awarded by the US Naval Air Systems Command, includes qualification and first article testing activities. An initial amount of USD24 million from the Navy and US Marine Corps will be obligated at time of award.

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.

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 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.