May 08, 2004

Index

Here's an input metric for the War on Terror.

Alliant Techsystems Inc., the U.S. Army’s sole supplier of bullets, said it can’t keep up with demand that is rising to its highest level since the Vietnam war as the United States fights terrorism and conflicts in Iraq and Afghanistan.

The Army is looking for a second ammunitions source, Alliant Chief Executive Daniel Murphy said on an earnings conference call. The service wants 2 billion rounds of bullets and Alliant will make 1.2 billion this year, up from 1 billion last year, he said.

Alliant is in talks to expand its Army-owned Lake City facility to produce another 300 million rounds and the Army is seeking a supplier of 500 million more. Demand could be this high for five years, Murphy said.

Posted by Alan at May 8, 2004 02:28 PM