Tag Archives: Mark DeYoung

Wash Biz Journal: Ed Fortunato to Lead Gov’t Relations for ‘Orbital ATK’

Ed Fortunato, a former Honeywell (NYSE: HON) government relations executive, has joined ATK (NYSE: ATK) as senior vice president for government relations and will initially report to ATK CEO Mark DeYoung, the Washington Business Journal reported Tuesday. Jill Aitoro reports that Fortunato will transition to the future Orbital ATK company, report to CEO David …

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ATK, Orbital Delay Expected Merger Closure Date to February

ATK (NYSE: ATK) and Orbital Sciences (NYSE: ORB) have delayed their expected closure date for the spinoff of ATK’s sporting group and the merger between Orbital and ATK’s aerospace and defense groups to February. The companies said Monday they have also rescheduled their stockholder meetings to Jan. 27, 2015 from the previous announced date of Dec. …

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

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 …

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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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