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Stock Market & Financial Investment News

News Breaks
December 12, 2012
08:56 EDTATKATK secures .40 caliber ammunition contract with FBI, Justice Department
ATK announced that it is being awarded a Fixed Price Indefinite Delivery/Indefinite Quantity agreement from the Department of Justice and Federal Bureau of Investigation for .40 caliber ammunition. This contract to provide duty and training ammunition features a base of 12 months, includes four option years and has a maximum value of $75M over the life of the contract.
News For ATK From The Last 14 Days
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April 16, 2014
08:32 EDTATKATK awarded $178M contract by United Launch Alliance
ATK has reached agreement on a $178M contract award as part of the Air Force's Phase 1 Evolved Expendable Launch Vehicle buy from United Launch Alliance.The initial contracting period includes large composite structures with deliveries commencing in AFY14 and continuing into early AFY18.
April 10, 2014
07:59 EDTATKATK price target raised to $150 from $140 at Cowen
Cowen raised its price target on ATK following channel checks which suggest upside to 2015 earnings. The firm cited potential for margins expansion, higher than expected accretion from its Bushnell acquisition, and higher than expected share repurchases. Shares are Market Perform rated.
April 9, 2014
08:32 EDTATKATK awarded $186M in ammunition contracts from U.S. allies
ATK has received international contracts from U.S. allies totaling $186M for ammunition that spans multiple calibers as well as ammunition services.

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