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Stock Market & Financial Investment News

News Breaks
January 27, 2014
08:32 EDTATKATK finalizes agreement with Airbus on A350 XWB program variant
ATK has finalized an agreement with Airbus to manufacture and supply composite stringers and frames on the 1000 variant of the A350 XWB program. The contract expansion adds to the work already being performed on the A350 XWB program. This agreement is the next step in ATK's valuable working relationship with Airbus and its partners, Aerolia SAS and Premium Aerotec.
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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