Olin Corporation Receives $90.8 Million Contract Modification to Deliver Various Small-Caliber Ammunition Cartridges
January 30, 2017 at 12:01 pm EST
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The U.S. Army has awarded Olin Corporation a $90.8 million contract modification to deliver various small-caliber ammunition cartridges. The modification tasks the company with providing 5.56mm, 7.62mm, and .50-caliber cartridges for the Army. Work on the contract will be performed in Oxford, Miss., and is expected to be complete by the end of July 2018. Olin Corporation received all funding, comprised of Fiscal 2015, Fiscal 2016, Fiscal 2017 and other funds, at the time of the contract modification award. The Army Contracting Command in Rock Island, Ill., is listed as the contracting activity.
Olin Corporation is a vertically integrated global manufacturer and distributor of chemical products and a manufacturer of ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a full range of epoxy materials and precursors, including aromatics (acetone and phenol), allyl chloride, epichlorohydrin, liquid epoxy resins, solid epoxy resins and systems and growth products, such as converted epoxy resins and additives. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, industrial cartridges and clay targets.