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April 18, 2013
07:47 EDTSWHC, ATK, RGRWeapons companies show interest in Freedom Group , WSJ reports
A number of U.S. weapons makers are interested in a potential bid for gun maker Freedom Group, owned by Cerberus Capital Management, that was put up for sale after a rifle it manufactured was used in the Newtown, CT school massacre, sources say, reports the Wall Street Journal. The expected sale price is about $1B, sources added. Smith & Wesson (SWHC) and Sturm, Ruger (RGR) are said to have asked for detailed information. Alliant Techsystems (ATK), an aerospace and defense company that makes ammunition and firearms accessories, is also interested. Reference Link
News For SWHC;RGR;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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