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Business/Financial

ATK Completes Successful BTERM Test

DDN

Wednesday, October 1st, 2008

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By Geoff Fein After months of delays and disappointments, ATK [ATK] on Monday successfully fired its Ballistic Trajectory Extended Range Munition (BTERM), with one of the rounds hitting the target at range, according to the Navy. ATK's BTERM was an alternative approach to Raytheon's [RTN] Extended Range Guided Munition (ERGM) for a 5-inch munition. These tests were the first BTERM flight tests at White Sands Missile Range, N.M., since January 2008, according to the Navy. In March, the Navy terminated…

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