Bill Kasting: ATK Continues to Provide Anti-Radiation Guided Missile to Navy

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ATK (NYSE: ATK) has won a $96.2 million contract to produce the third lot of advanced produce anti-radiation guided missile system for the U.S. Navy and the branch’s allies. ATK will also kick off the third full-rate production of the captive air training missiles for the U.S. Navy and Italian Air Force, the company said Monday. “We look forward to continuing to provide this critical weapons...

ATK Receives $220M in Cannon System Orders From U.S. Allies; Mike Kahn Comments

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ATK (NYSE: ATK) has secured contracts worth $220 million combined to deliver medium-caliber cannons and product lifecycle services to defense customers in U.S. partner nations. The company’s Automatic Cannons are designed to operate with ground, maritime and aerial weapon platforms, ATK said Monday. “Providing defensive weapons systems and support services to our country’s allies...

Lockheed Awards ATK contract to provide UltraFlex Solar Arrays for Mission to Mars

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ATK announced that the company has received a contract from Lockheed Martin Space Systems to provide the UltraFlex solar arrays for NASA’s InSight Lander mission to Mars in 2016. The mission aims to study the origins of what shaped the planets of the inner solar system, including Earth, more than four billion years ago. David Shanahan, vice president and general manager of ATK’s Space...

ATK to Develop US Army Air Platform, Training Ammo; Dan Olson Comments

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ATK (NYSE: ATK) has been awarded a set of contracts worth more than $112 million combined to develop medium- and large-caliber ammunition systems for arm air platforms and crew training programs. The U.S. Army will use the ammunition to arm its A-10, Apache attack helicopter and the AC-130 gunship fleets and to train crews on how to operate the Apache and Abrams battle tank, ATK said Wednesday. “Developing...

Jay Tibbets: ATK to Supply Army With Sniper Rifle Ammo

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ATK (NYSE: ATK) has won a five-year indefinite-delivery/indefinite-quantity contract worth up to $20 million to provide the U.S. Army with .300 Winchester Magnum ammunition for the M2010 sniper rifle. The company said Monday it will produce Mk248 Mod 0, 190-grain and Mk248 Mod 1, 220-grain rifle ammunition as part of the delivery order from the U.S. Army Contracting Command – Rock Island. “We...

Orbital Sciences, ATK’s Aerospace & Defense Groups to Merge in $5B Deal

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Orbital Sciences Corp. (NYSE: ORB) has agreed to merge with ATK‘s (NYSE: ATK) aerospace and defense groups in an approximately $5 billion transaction to create a combined company that will operate as Orbital ATK once the deal completes. In separate releases from ATK and from Orbital, the companies said Monday that they expect to complete the merger by the end of calendar year 2014 and is subject...

ATK Takes in $186M in International Contracts to Provide US Allies with Ammunition; Mike Kahn Comments

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Mike Kahn ATK (NYSE: ATK) will produce ammunition and provide related services to U.S. allies under a series of international defense contracts worth $186 million combined. The company said Wednesday that it will manufacture the ammunition at its U.S. facilities and perform the services on-site at customer facilities. “Partnering with our allies to help maintain their defense capabilities aligns...

Michael Callahan, Aspen Partners CEO, Joins ATK Board; Ron Fogleman Comments

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Michael Callahan Michael Callahan, president and CEO of outdoor sports consultant Aspen Partners, has been elected to ATK‘s (NYSE: ATK) board of directors and will serve as a member of the audit committee. ATK said Monday that Callahan’s appointment took effect on March 1 and will increase the board’s size from eight to nine. “Mike’s 36 years of leadership in the...

NASA, Contractors Prep for Commercial Space Missions; Jim Crocker Comments

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NASA and industry partners are working to prepare and assess spacecraft and components that are scheduled for deep space missions in 2014 and 2017. The Lockheed Martin (NYSE: LMT)-built Orion unmanned spacecraft is scheduled to launch in the fall and the Space Launch System is set for its first flight in 2017, Aerojet Rocketdyne said Thursday. Jim Crocker, a Lockheed vice president and general manager,...

ATK to Build Radar-Based Munitions For the Air Force; Cary Ralston Comments

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ATK (NYSE: ATK) will build a proximity sensor for the U.S. Air Force under a potential $84 million contract out of a ballistics laboratory owned by the Navy and operated by the company. The company designed the DSU-33D/B Proximity Sensor to detonate at a pre-determined height above surface targets by using a ranging radar designed to sense the height, ATK said Tuesday. DSU-33D/B Proximity Sensors...