ATK signs letter of intent to buy Blount's ammunition business
ALLIANT TECHSYSTEMS (ATK) has signed a letter of intent to acquire the ammunition business of Blount International Inc., of Montgomery, Ala., in exchange for ATK stock, the aerospace company announced Oct. 25. ATK intends to issue about $250 million worth of stock to Blount, which manufactures small...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.