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ATK to Buy Gun Manufacturer for $315M Cash; Mark DeYoung Comments

Mark DeYoung ATK (NYSE: ATK) has agreed to purchase the parent company of hunting rifle and shotgun manufacturer Savage Sports Corp. for $315 million cash as ATK seeks to grow its commercial and security ammunition business. The acquisition of the Caliber Company is subject to regulatory approvals and other customary closing conditions and ATK expects... 

Steven Cortese to Depart ATK May 1; Mark DeYoung Comments

Steven Cortese Steven Cortese, senior vice president for government relations and corporate communications at ATK (NYSE: ATK) since 2011, will leave the aerospace and defense company May 1. The 20-year legislative affairs veteran is pursuing a new career opportunity after seven years at ATK, the company said Tuesday. He serves as the company’s lead... 

ATK to Study Surveillance Data Tech for DARPA; Tom Wilson Comments

Tom Wilson ATK has won a contract to help the U.S. Defense Advanced Research Projects Agency study new technologies aimed at delivering warfighters surveillance data using small satellites. The company will partner with Logos Technologies and the University of Southern California’s information sciences institute on the SeeMe program study contract,... 

Mark Nackman Named VP, General Counsel at General Dynamics Advanced Information Systems

  Mark Nackman Mark Nackman, formerly an assistant general counsel at General Dynamics (NYSE: GD), has been promoted to vice president and general counsel for General Dynamics Advanced Information Systems, GovCon Wire has learned. Nackman will responsible for the business unit’s legal, export, contracts and subcontracts functions in his new... 

ATK, Raytheon Among Primes for Proposed $210M Singapore Missile Sale

Singapore’s government has asked to purchase up to $210 million in air-to-air missiles and associated equipment for a proposed foreign military sales transaction. ATK (NYSE: ATK), Honeywell (HON), ITT (NYSE: ITT) and Raytheon (NYSE: RTN) are the prime contractors for the sale, the Defense Security Cooperation Agency said Thursday. The proposed sale... 

ATK Wins $81M For AF Rocket Motors; Lamberth Blalock Comments

ATK (NYSE: ATK) has won a potential $81 million contract to dissect components and plug motors for a U.S. Air Force rocket launch program. The contract includes one base year for ongoing aging surveillance for both Minuteman and Peacekeeper motors and up to four annual extension options, ATK said Wednesday. If all options are exercised, the Rocket Systems... 

Jacobs-Led Team Wins Potential $2B For NASA Engineering, Tech Services; Terry Hagen Comments

A Jacobs Engineering Group-led team has won a potential $1.93 billion contract to provide NASANational Aeronautics and Space Administration engineering, technology and science services at the Johnson Space Center in Houston. The cost-plus-award-fee services contract starts May 1 and contains five base years and two two-year options, Jacobs said Tuesday. Team... 

ATK Building Rockets Motors For AF Supersonic Missile Foreign Sales Program; Jerry Brode Comments

ATK (NYSE: ATK) has won a $17 million contract t0 build rocket motors for supersonic, heat-seeking air-to-air missiles for a U.S. Air Force foreign military sales agreement. The company is re-starting the AIM-9P rocket motor production line as many international inventories are aging beyond the missile’s period of expected use in service, ATK said... 

ATK Names SVP Jay Tibbets Interim Sporting Group Head; Mark DeYoung Comments

Jay Tibbets ATK (NYSE: ATK) has appointed Jay Tibbets, senior vice president of business development, to serve as SVP and president of the sporting group on an interim basis. The company said the move was effective Friday, one day after Ronald Johnson stepped down as head of the Anoka, Minn.-based business group. “Jay is a strategic leader who has... 

ATK Board Declares 26 Cent Dividend

ATK’s (NYSE: ATK) board of directors has declared a quarterly cash dividend of 26 cents per share, the company said Friday. The dividend is payable March 28, 2013 to shareholders of record as of March 5, 2013.  Read More »
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