Sign In
Search
Air Force

ATK Opens FY ’09 With Strong Results Despite Space Glitch

DDN
SHARE:

By Calvin Biesecker Alliant Techsystems [ATK] yesterday posted strong earnings and sales to open its new fiscal year, powered by record results in its ammunition business that more than offset poor earnings in its space business, which suffered a $15 million charge related to performance fixes on spacecraft structures. Net income increased 10 percent to $57.9 million, $1.64 earnings per share (EPS), from $52.4 million ($1.50 EPS). Operating margins dipped a full percent to 9.6 percent due to the charge,…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

International

Denmark Gets State Department Approval For AMRAAM-ER Purchase

Navy/USMC

Trump Wants To Bring Back Battleships With New Ship Class Named After Himself

Business/Financial

Trump To Defense Industry Leaders: Slash Executive Pay, Dividends And Buybacks In Favor Of Production Investments

Air Force

DoD Awards First Round Of APFIT Projects Using FY ’26 Funds

Trending

Trump Wants To Bring Back Battleships With New Ship Class Named After Himself
Boeing Picks Anduril As Rocket Motor Partner In Pursuit Of IFPC Inc. 2 Second Interceptor
Army Adds CHAOS Industries’ Radar Technology To Acquisition Marketplace
AFRL Seeking Innovations For C-sUAS “Kill Chain And Point Defense”
U.S. Space Force Considering Upgrades for Three Electromagnetic Warfare Systems

Contract Updates

Aerojet Rocketdyne Coleman Aerospace Inc. a wholly owned subsidiary of Aerojet Rocketdyne Inc. (Orlando, Florida) – $10,333,902

Aerojet Rocketdyne, Coleman Aerospace Inc., a wholly owned subsidiary of Aerojet Rocketdyne Inc., Orlando, Florida, is being awarded a $10,333,902 modification (P00258) to exercise an option to a previously awarded contract (HQ1047-14-C-0001) to increase calendar year 2026 program management office…

The Bell Boeing Joint Project Office (California, Maryland) – $262,069,451

The Bell Boeing Joint Project Office, California, Maryland, has been awarded a maximum $262,069,451 fixed-price-incentive, performance-based contract for V-22 Phase II consumable market basket items. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in…

Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $264,867,008

Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $264,867,008 modification to award a hybrid firm-fixed-price and cost-plus-fixed-fee delivery order (SPRTA1-26-F-0020) against a five-year indefinite-delivery/indefinite-quantity contract (SPRTA1-19-D-0001) for B-2 rudders. This was a sole-source acquisition using justification…

General Dynamics Land Systems Inc. (Sterling Heights, Michigan) – $11,146,013

General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded an $11,146,013 modification (P00122) to contract W56HZV-22-C-0012 to exercise option hours for Abrams system technical support. Work will be performed in Sterling Heights, Michigan, with an estimated completion date of…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume