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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:45 EDTATKATK awarded $17M contract for AIM-9P Sidewinder rocket motors
ATK has been awarded a contract worth $17M for production of rocket motors for AIM-9P Sidewinder customers within the United States Foreign Military Sales program. Under FMS, the U.S. government procures defense articles and services on behalf of one or more foreign customers. The U.S. Air Force at Hill Air Force Base in Utah issued the award. Work will be performed at Allegany Ballistics Laboratory in Rocket Center, W. Va.
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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