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ATK Taps DeYoung As New Chief; Third Quarter Earnings Surge

By Calvin Biesecker Alliant Techsystems [ATK] yesterday appointed Mark DeYoung as its new president and CEO effective immediately, ending a three-month search for a new top executive after Dan Murphy stepped down last November due to family matters. The choice of DeYoung, 51, to lead the company is no surprise as he was named by ATK in December at its leading internal candidate although the company did review outside candidates as well. DeYoung has led ATK's Armaments business for nearly…

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Congress Updates

House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report

The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]


HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup

The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]


HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs

The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]


NRO Nominee: “We Have To Look Differently At Our Requirements”

The National Reconnaissance Office (NRO) has said that it has launched more than 200 proliferated low Earth orbit satellites in the last two years to supplement the costly high-end systems […]