ATK Orders Rise 40% in Second Quarter

ATK (NYSE: ATK) released its financial results for its fiscal 2012 second quarter ended Oct. 2, 2011.

The company reported its second quarter orders rose 40 percent to $1.4 billion from $1.0 billion in the prior year period, reflecting a book-to-bill ratio of 1.2.

Quarterly operating margins increased to 13.3 percent from 11.1 percent in the 2010 second quarter.

The company’s board of directors has also declared a quarterly cash dividend of 20 cents per share to be payable Dec. 29, 2011, to stockholders of record as of Dec. 7, 2011.

“ATK’s profitable business base, our mix of current production programs and long-term development programs, and a strong book-to bill ratio provide us the flexibility to succeed and weather the challenging economic environment our industry faces, ” said Mark DeYoung, president and CEO.

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