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Business/Financial

ATK Expanding Sporting Portfolio In Big Way With Bushnell Acquisition

Defense Daily Staff

Friday, September 6th, 2013

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ATK [ATK] yesterday said it has agreed to acquire Bushnell Group Holdings for $985 million in cash, a global provider of hunting and sports optics and other outdoor accessories, adding new products and customers to the company’s fast growing sporting business. The acquisition would significantly alter the shape of ATK’s overall portfolio. After closure, ATK’s Sporting Group, which currently consists of ammunition, rifles and shotguns, and various tactical accessories, would account for 45 percent of the company’s revenue, and commercial…

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]

Congress

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 […]

Congress

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 […]