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Tax Benefit Boosts ATK’s Earnings; Initiates First Quarterly Dividend

By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported higher second quarter net income as a result of a favorable tax settlement, as sales and operating profits were flat. Based on its ability to continually generate strong cash flow, ATK announced its first quarterly cash dividend, 20 cents earnings per share (EPS), that will be payable next March. "Delivering long-term value to our shareholders is a top priority of the company," Mark DeYoung, ATK's president and CEO, said in a statement.…

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Congress Updates

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]


Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]


Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]


Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

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