news story - Ammunition makers bracing for downturn
Posted: Tue Jul 24, 2007 9:10 am
http://www.star-telegram.com/national_n ... 78901.html
First couple of paragraphs only, owing to copyright concerns:
Ammunition makers bracing for downturn
By RICHARD LARDNER
The Associated Press
The Lake City Army Ammunition Plant in Independence, Mo., makes 120 million rounds a month. It's the largest producer of the small-caliber ammunition used by the military.
WASHINGTON -- The Lake City Army Ammunition Plant in Independence, Mo., driven by the demands of war, produces nearly 1.4 billion cartridges a year.
"It's actually mind-boggling," said Karen Davies, Lake City's general manager.
The question is, for how long? Although no one knows when the conflicts in Iraq and Afghanistan will end, Davies and other ammunition industry executives understand that the heavy orders won't last forever. So as they churn out the military's most essential hardware, ammunition makers are preparing for a downturn in business.
<snip>
--- What effect do you think this will have on retail prices of ammunition?
First couple of paragraphs only, owing to copyright concerns:
Ammunition makers bracing for downturn
By RICHARD LARDNER
The Associated Press
The Lake City Army Ammunition Plant in Independence, Mo., makes 120 million rounds a month. It's the largest producer of the small-caliber ammunition used by the military.
WASHINGTON -- The Lake City Army Ammunition Plant in Independence, Mo., driven by the demands of war, produces nearly 1.4 billion cartridges a year.
"It's actually mind-boggling," said Karen Davies, Lake City's general manager.
The question is, for how long? Although no one knows when the conflicts in Iraq and Afghanistan will end, Davies and other ammunition industry executives understand that the heavy orders won't last forever. So as they churn out the military's most essential hardware, ammunition makers are preparing for a downturn in business.
<snip>
--- What effect do you think this will have on retail prices of ammunition?