AMMO Inc. (POWW) Awarded U.S. Department of Defense Contract for the Development and Manufacture of Ballistically Matched Multi-Purpose Rounds

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AMMO, Inc. Awarded U.S. Department of Defense Contract for the Development and Manufacture of Ballistically Matched Multi-Purpose Rounds

June 23, 2021 8:30 AM EDT

SCOTTSDALE, AZ, June 23, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (NASDAQ: POWW) (AMMO or the Company), a premier American ammunition and munition components manufacturer and technology leader, is pleased to announce it has been awarded a contract by the Irregular Warfare Technical Support Directorate (IWTSD), formerly the CTTSO, formed and operating under the U.S. Department of Defense, to design and manufacture multiple Ballistically Matched Multi-Purpose Rounds (BM-MPR) in support of U.S. military operations. 

The BM-MPR ammunition is being developed to provide snipers with the ability to switch from standard... More