Orbital Unshackles ATK’s Sporting Goods from Defense Doldrums
Apr 30, 2014 16:00 UTC- ATK announced they would split into two companies, followed by a merger of the resulting aerospace and defense arm with Orbital. The resulting company, to be named Orbital ATK, will have 13,000 employees for $4.5B in yearly revenue. ATK’s sporting good business has been booming of late while defense sales were struggling. ATK statement | Orbital statement.
Continue Reading… »