Nammo Awarded Shoulder Launched Munitions Contract

RAUFOSS, Norway, Sept. 15, 2015 (GLOBE NEWSWIRE) -- Nammo Talley, Inc. was awarded an important contract for production and delivery of ammunition for the Shoulder-Launched Multipurpose Assault Weapon system.

On September 10, Nammo was awarded an indefinite delivery / indefinite quantity (ID/IQ) contract to produce ammunition for the Shoulder-launched Multipurpose Assault Weapon (SMAW) system. Maximum value of the five-year contract is $97,2 million USD. Funding and work location will be determined with each order, with an estimated completion date of Sept. 10, 2020.

SMAW is a direct fire, man-portable infantry assault system comprised of a crew served Mk 153 reusable launcher and a family of 83mm rounds. This award specifies production of the high-explosive dual-purpose round, the novel explosive round, and the common practice round.

"Our team is proud to have been selected by the Army and Marine Corps as the exclusive producer of SMAW ammunition. We'll work relentlessly to exceed their expectations for quality, on-time delivery and safe manufacturing processes", says Scott Selle, Executive Vice President of Nammo Talley, a U.S. division of the Nammo Group.

For more detailed information, please contact:
Sissel Solum
Senior Vice President Communication
Nammo Group
Tel.: +47 61 15 22 42

Nammo Group
The Nammo Group, with its head office in Norway, is a high-tech company and supplier to the aerospace & defence industry. Its core business is in development, production and sale of military and sports ammunition, shoulder-launched weapon systems, rocket motors for space and military use and global services involving eco-friendly demilitarisation. Nammo has 2,200 employees, offices in 10 countries incl. 22 factories.


Source: Nammo AS