Orbital ATK [OA] Monday said it signed a $120 million Army contract to produce more Precision Guidance Kit (PGK) for 155mm artillery.Once fielded, PGK will transform conventional 155mm artillery projectiles into a near precision weapon reliably reducing normal artillery dispersion of more than 200 meters to less than 30 meters.The $120 million contract calls for the production, lot acceptance testing and delivery of the guidance fuzes for fielding to U.S. and select allied armies.Deliveries are scheduled to begin in early…
