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ATK, General Dynamics to provide artillery guidance, propulsion, and warheads to Precision to Extended Range Munition for U.S. Marine Corps 120mm mortar system
MINNEAPOLIS, 5 Oct. 2011. Engineers at ATK (NYSE:ATK) and General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE:GD), are partnering to deliver a system designed to meet the United States Marine Corps' requirements for the rifled, 120mm Precision Extended Range Mortar (PERM). ATK, as the prime contractor for the PERM Engineering and Manufacturing Development (EMD) program, will provide guidance fuze technology to be combined with propulsion and warhead subsystems from General Dynamics.