Pentagon Awards Alliant Techsystems $41 Million Ammunition Contract

Rich Smith, The Motley Fool
Updated

On Tuesday, the Department of Defense announced that it has awarded Alliant Techsystems a $41 million firm-fixed-price contract to supply the Army with "high explosive incendiary with trace linked cartridges" -- large-caliber machine gun ammunition used to destroy unarmored vehicles and helicopters and suppress infantry and anti-tank positions.

Alliant, a primary supplier of ammunition to the military, was the sole bidder on the contract, which runs through an estimated completion date of Sept. 30, 2018.

The article Pentagon Awards Alliant Techsystems $41 Million Ammunition Contract originally appeared on Fool.com.

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