ATK will continue operating an ammunition plant in Missouri for the U.S. Army under a contract potentially covering 10 years, the company announced Monday.
The initial contract period to operate the Lake City Army Ammunition Plant in Independence, Mo is for seven years.
The company will continue its decade-long operational support to the Army, said President and CEO Mark DeYoung.
Under a $266 million contract, the company manufactures 5.56- and 7.62-milimeter and .50-caliber military ammunition for the Army out of the Lake City plant.
The company is also providing 450 million rounds of ammunition for border control operations to the Department of Homeland Security and Immigration and Customs Enforcement.