Search Results for: mark deyoung

ATK Closes $985M Purchase of Ammo Maker Bushnell; Mark DeYoung Comments

ATK (NYSE: ATK) has wrapped up its acquisition of weapon accessory manufacturer Bushnell Group Holdings for $985 million cash. Bushnell will operate under ATK’s sporting arm that is led by Jay Tibbets,  senior vice president and group president,  ATK said Monday. ATK estimates the sporting group will represent 45 percent of …

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ATK to Buy Bushnell for $985M Cash; Mark DeYoung Comments

ATK (NYSE: ATK) has agreed to buy outdoor sporting goods maker Bushnell Group Holdings for $985 million cash in a move aimed at expanding ATK’s commercial and security ammunition portfolio. ATK expects to close the deal within the last two quarters of its 2014 fiscal year and expects the acquisition to …

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ATK Closes $315M Purchase of Caliber Company; Mark DeYoung Comments

ATK (NYSE: ATK) has completed its purchase of Caliber Company, the parent firm of hunting rifle and shotgun manufacturer Savage Sports Corp., for $315 million cash. The Arlington, Va.-based aerospace and defense company financed the deal with cash on hand and funds under an existing credit facility, ATK said Monday. …

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

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 …

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Steven Cortese to Depart ATK May 1; Mark DeYoung Comments

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 …

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

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. …

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ATK SVP Ronald Johnson Resigns as President of Sporting Group; Mark DeYoung Comments

Alliant Techsystems Inc. (NYSE: ATK) has announced the head of its Anoka, Minn.-based sporting group, senior vice president Ronald P. Johnson, has resigned from his position, effective today. According to a company statement, Johnson joined the company in 2001 when it acquired the sporting equipment group from Blount International and served as VP and …

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ATK Names 18-Year Legal Vet Scott Chaplin SVP, General Counsel; Mark DeYoung Comments

ATK (NYSE: ATK) has appointed Scott Chaplin senior vice president, general counsel and secretary, effective Oct. 1. The company said the 18-year legal veteran will serve as the company’s principal legal officer and oversee corporate legal functions including government contract oversight, regulatory compliance and global sales team support. He will also …

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ATK to Reorganize Business into Aerospace, Defense, Sporting Groups in FY 2013; Mark DeYoung Comments

ATK (NYSE: ATK) will organize its operations into three groups beginning in ATK’s 2013 fiscal year, ATK announced Thursday. ATK will operate an aerospace group, defense group and sporting group. ATK CEO Mark DeYoung said ATK is streamlining to address ATK’s customers’ federal budget pressures, the state of the economy …

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ATK to Relocate Corporate HQ to N. Va. as of Oct. 1; Mark DeYoung Comments

ATK (NYSE: ATK) has announced that it will relocate its corporate headquarters to Arlington, Va., as of Oct. 1. ATK currently employs around 3, 500 workers in the mid-Atlantic region, with facilities in Md., Va. and W. Va. The company said it will continue to maintain a strong presence in Minn. and keep …

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