ATK Wins $84M Air Force Warhead Sensor Contract

Law360, New York (November 12, 2013, 5:29 PM EST) -- The U.S. Army Contracting Command has awarded Alliant Techsystems Inc. an $84 million contract to provide the U.S. Air Force with DSU-33D/B proximity sensors that use radar signals to determine the correct height from which to launch bombs, ATK announced Tuesday. 

The initial order set in the contract is valued at $22.8 million, with deliveries expected to begin in 2015. But the contract also contains provisions for four additional order periods, bumping its total value to $84 million.

The DSU-33D/B sensor, which mounts onto bombs and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.