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Homeland Security Stocks Up On 450Million Rounds Of Ammo
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  1. #1
    Haven Donator

    Judd is offline
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    Homeland Security Stocks Up On 450Million Rounds Of Ammo

    ATK Secures .40 Caliber Ammunition Contract with Department of Homeland Security, U.S. Immigration and Customs Enforcement (DHS, ICE)

    ANOKA, Minn., March 12, 2012 /PRNewswire via COMTEX/ -- ATK ATK +0.25% announced that it is being awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) agreement from the Department of Homeland Security, U.S. Immigration and Customs Enforcement (DHS, ICE) for .40 caliber ammunition. This contract features a base of 12 months, includes four option years, and will have a maximum volume of 450 million rounds.

    ATK was the incumbent and won the contract with its HST bullet, which has proven itself in the field. The special hollow point effectively passes through a variety of barriers and holds its jacket in the toughest conditions. HST is engineered for 100-percent weight retention, limits collateral damage, and avoids over-penetration.

    "We are proud to extend our track record as the prime supplier of .40 caliber duty ammunition for DHS, ICE," said Ron Johnson, President of ATK's Security and Sporting group. "The HST is a proven design that will continue to serve those who keep our borders safe."

    ATK will produce the ammunition at the Federal Cartridge Company facility in Anoka, Minn. Deliveries are expected to begin in June.

    ATK is an aerospace, defense, and commercial products company with operations in 22 states, Puerto Rico, and internationally. News and information can be found on the Internet

    Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected. Among those factors are:

    changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; economic conditions; the supply, availability and costs of raw materials and components; or reliance on a key supplier. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and its subsequent quarterly report on Form 10-Q and current reports on Form 8-K filed with the SEC.

    Source: MarketWatch
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  2. #2
    Haven Donator

    Paprika is offline
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    Re: Homeland Security Stocks Up On 450Million Rounds Of Ammo

    Wait there stocking up on Hollow point rounds? What is Homeland security allowed to circumvent the Geneva Convention or are they exempt from it?

    Anyway, can i has some of those rounds maybe a million or so? I don't even own a .40 firearm... yet but if I can get some of them bullets I just might trade my 303 in:)
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  3. #3
    Senior Member
    Delete is offline
    Join Date : Mar 2011
    Posts : 77

    Re: Homeland Security Stocks Up On 450Million Rounds Of Ammo

    homeland security can do whatever they want and normally do aswell
    and with the amount of money they have at there disposal its pretty scary when you see the numbers

    heres a pic of money they requested for the 2012 year
    its SERIOUS amounts of money

    also ya gotta take into account that this original story covers many agencys
    and its not clear how much ammo they plan on buying but the contract says it can be up to 450million rounds

    either way if they did buy the max 450million rounds im sure thats enuff to shoot every american citizen at least twice and possibley have ammo to spare lol

    what is scary is the amount of money the American goverment spends on various projects and some of them you would swear are right out of science fiction

  4. #4
    Noctis Caelum

    Re: Homeland Security Stocks Up On 450Million Rounds Of Ammo

    yo thats nuts lol great share

  5. #5
    The Immortal God

    CloudStrife7x is offline
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    Re: Homeland Security Stocks Up On 450Million Rounds Of Ammo

    some interesting stuff indeed, nice share Judd :)
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  6. #6
    Eternal Dragoon

    Serious_M is offline
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    Re: Homeland Security Stocks Up On 450Million Rounds Of Ammo

    best to have unlimited ammo lol
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