Sign In
Search
Space

ATK Posts Weaker Sales And Earnings But Margins Remain Strong

DDN
SHARE:

Facing the same headwinds as other defense companies, Alliant Techsystems [ATK] recently reported lower earnings and sales in its first quarter but was able to mitigate the decline in earnings due to improved operating efficiencies. Moreover, as with other defense firms, ATK boosted its earnings guidance for the year, in part driven by a lower than expected share count as the company repurchased $50 million of its stock in the quarter. Net income declined 4 percent to $71.5 million, $2.13…

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

Defense Watch

Defense Watch: NGI Concerns, Valkyrie CCA, ESB-8 Delivery, Counter-Drone Partners

Trending

Navy Reveals CCA Design Details in New RFI Prototype Project
Heven AeroTech Opens New Drone Manufacturing Facility In Virginia
GE Aerospace Plans to Flight Test HyCAT Hypersonic Test Bed in 2028
Interview with Rolls-Royce’s F130 Program Director, Gregg Pyers on the B-52’s New Engine
Anduril Ramping Up Undersea Drone Production Line Through 2027; Aims To Ready Extra Large Production Line By End of Year

Congress Updates

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

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, […]

Missile Defense

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

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 […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume