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Business/Financial

ATK Moves Into Tactical Accessories Market With Purchase of Eagle Industries

DDN

Wednesday, April 1st, 2009

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By Calvin Biesecker Alliant Techsystems [ATK] yesterday said it has acquired Eagle Industries in a deal that immediately gives it a footprint in the military market for tactical accessories and positions it to expand offerings to the law enforcement community. Terms of the deal were not disclosed. ATK said the acquisition will add about $80 million in revenues in FY '10, which begins today, and be slightly accretive to earnings per share. Eagle Industries, based in Missouri, produces more than…

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