Army awards $49M contract to Alliant Techsystems
January 8, 2009
AP
Tuesday December 30, 5:49 pm ET
Alliant Techsystems gets $49 million Army ammunition contract
WASHINGTON (AP) — The Army said Tuesday that it has awarded a $49 million contract to a division of Alliant Techsystems Inc. for work on ammunition production.The contract, awarded Monday, is for modernization and upgrade of small-caliber ammunition production equipment.
Shares of Alliant Techsystems rose $2.30, or 2.8 percent, to close at $83.86 Tuesday.
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