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ATK Achieves Ammunition Production Milestone

ATK [ATK] last week said it recently achieved a world-class production milestone by delivering the two-billionth 7.62mm round of ammunition manufactured at the Lake City Army Ammunition Plant (LCAAP) in Independence, Mo.  The government is expected in the next few weeks to announce its selection to operate the LCAAP for the next decade. ATK is the incumbent in a contract with a potential $2 billion in sales over a decade, competing against BAE Systems and Olin Corp.’s [OLN] Winchester Ammunition…

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