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ATK Chief Murphy Abruptly Steps Down; Shroyer Named Interim CEO

Dan Murphy, Alliant Techsystems’ [ATK] chairman and CEO for the past six years, yesterday said he was leaving the company to “address family matters” and the company’s Board of Directors said he will be succeeded immediately by Chief Financial Officer (CFO) John Shroyer in the interim and has launched a search for a permanent chief. ATK expects to have a successor to Murphy in place no later than the first quarter of 2010. “I am leaving the company to address…

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Congress Updates

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]


U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]


White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]


House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]