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Alliant Techsystems, Inc. (ATK)
(information provided by ATK) |
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Mark W. DeYoung is President and Chief Executive Officer for Alliant Techsystems (ATK), a premier aerospace and defense company with more than 18,000 employees and revenue of approximately $4.8 billion. Mark’s history with the company is broad, spanning three decades and all three of ATK’s business groups. His leadership and program experience have ranged from the company’s core competencies in advanced engineering and propulsion to key growth areas like composite manufacturing.
Before becoming ATK’s CEO, Mark led ATK’s Armament Systems group as President of the company’s largest business entity. In this capacity, he led the integration of several acquired companies, and the group’s growth from approximately $600 million of revenue in Fiscal Year 2003, to a projected $2.1 billion in revenue in Fiscal Year 2010.
Mark began his career as a financial analyst at Hercules Aerospace Company in Salt Lake City, Utah, in 1985. Mark was named Financial Manager at ATK’s propellant manufacturing facility at the Radford Army Ammunition Plant in Radford, Virginia, in 1996. He moved to ATK Missile Systems in Rocket Center, West Virginia, in 1997 as Director of Business Operations. The following year, he was named Director of Composite Programs, Facilities, and Human Resources. In 1999, Mark was named President of the newly formed ATK Lake City Ammunition in Independence, Missouri. Two years later, he was selected to lead several commercial ammunition companies ATK acquired from Blount International, and the newly formed Ammunition Systems group, which subsequently became the Armament Systems group.
Mark serves on the Board of Directors for several key trade organizations in both the commercial and military sectors. Mark is a native of Utah. He earned his bachelor’s degree in business at Weber State University in Ogden, Utah, and his MBA at Westminster College in Salt Lake City, Utah, where he was named Adjunct Professor of the Year in 1995. |
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Overview
ATK is a premier aerospace and defense company with more than 18,000 employees in 24 states, Puerto Rico, and internationally with anticipated FY10 revenue of approximately $4.8 billion..
Strategy
To build on our strong core businesses to transform ATK into a global aerospace and defense company delivering affordable, innovative solutions to our customers.
With steady, predictable revenues, earnings, and cash as well as long-term contracts, strong backlog, and organic growth opportunities, our core conventional munitions and rocket motor businesses provide a solid foundation for our growth. Both national franchises, they provide capabilities that are critical to national security and access to space.
• Headquarters: Eden Prairie, Minnesota
• Telephone: 952-351-3000. Fax: 952-351-3009
• Internet address: www.atk.com
• E-mail address: atk.corporate@atk.com
• Stock ticker symbol: ATK
Chairman: Ron Fogleman
President and Chief Executive Officer: Mark DeYoung
Locations: More than 60 facilities in 24 states, Puerto Rico, and internationally. Representatives in more than 50 countries.
Financial measures FY10 Sales: $4.8 Billion
FY10 Orders: $5.1 Billion
Sales by customer
U.S. Army: 28%
NASA: 18%
U.S. Air Force: 7%
U.S. Navy: 11%
Other U.S. Government: 5%
Commercial/International: 31%
Sales by contract
Prime Contractor: 70%
Subcontractor: 30%
Results are for the fiscal year ended March 31, 2010.
Business Structure
ATK Aerospace Systems
ATK Aerospace Systems is the world's top producer of solid rocket propulsion systems and a leading supplier of military and commercial aircraft structures. It also specializes in small and micro-satellites; satellite components and subsystems; lightweight space deployables and solar arrays; and low-cost, quick to market, launch solutions. The group also has extensive experience supporting human and space payload missions.
ATK Armament Systems
ATK Armament Systems is the world’s largest manufacturer of military ammunition and integrated medium-caliber gun systems. It is also a leader in affordable precision weapons technology and advanced propellant and energetics. The group operates the ATK Lake City Army Ammunition Plant in Independence, Missouri, where it has the capacity to produce 1.4 billion rounds of small-caliber ammunition annually. It also operates the Radford Army Ammunition Plant in Radford, Virginia, where it produces rocket and gun propellants and other energetics materials.
ATK Missile Products
ATK Missile Products is a leader in strike weapons and missile components, as well as hypervelocity and air-breathing propulsion systems. Other major products and programs include aircraft sensor integration, missile warning systems, control systems, and advanced technologies for military, space, strategic, and tactical applications. The group operates ATK’s Manufacturing Center of Excellence in Rocket Center, West Virginia.
ATK Security and Sporting
ATK Security and Sporting is a leading technology developer and supplier of ammunition for law enforcement, military and sporting applications; a manufacturer of optics, reloading gear and sport shooting accessories; and the leading producer of tactical accessories. The company serves sport shooting enthusiasts, law enforcement professionals, military and tactical markets worldwide. The group’s products include some of the most widely known and respected brands in the industry, including Federal Premium, CCI, Speer, RCBS, Alliant Powder, Champion, Weaver, Eagle Industries, and Blackhawk! Industries.
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History
ATK was launched as an independent company in 1990, when Honeywell spun off its defense businesses to shareholders. The former Honeywell businesses had supplied defense products and systems to the U.S. and its allies for 50 years, including the first electronic autopilot that enabled B-17 aircraft to accomplish pinpoint bombing missions during World War II.
ATK expanded into the aerospace market with the acquisitions of Hercules Aerospace Company in 1995 and Thiokol Propulsion in 2001, which transformed the company into the world's largest supplier of solid propellant rocket motors and a leading provider of high-performance composite structures.
A series of other acquisitions and key contract wins have continued to increase the company's presence in the aerospace, defense, and commercial ammunition markets:
2000
Selected to operate Lake City Army Ammunition Plant, the U.S. Government's only small-caliber ammunition manufacturing facility.
2001
Acquired the commercial ammunition businesses of Blount International, which made ATK the nation's largest manufacturer of ammunition.
2002
Acquired the ordnance business of Boeing, which brought together ATK's munitions portfolio with the products and capabilities of a leading military gun manufacturer.
2002
Acquired the assets of Science and Applied Technology, Inc., which added critical precision seeker, guidance, and system-level expertise.
2003
Acquired Composite Optics, Inc., which made ATK the world leader in composite space structures.
2003
Acquired GASL and Micro Craft, which added leading-edge propulsion and airframe technologies for highly demanding aerospace and defense applications.
2004
Acquired Mission Research Corporation, which enabled an advanced aerospace and defense technology pipeline spanning concept development to full-scale production.
2004
Acquired the PSI Group, which strengthened ATK's space systems portfolio and positioned the company to capture emerging opportunities in spacecraft integration and satellite technology.
2007
Acquired Swales Aerospace, adding enhanced systems engineering and engineering services to ATK’s existing space launch, space exploration, small satellite, and spacecraft markets.
2009
Acquired Eagle Industries as a wholly-owned subsidiary, expanding position in the domestic and international accessories markets serving military and law enforcement customers.
2010
Acquired Blackhawk! Industries, which added tactical, military and law enforcement equipment expanding ATK's product base and market penetration in the growing security markets. |
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Download ATK's 2009 Annual Report - click here
(ya need the reader!) |
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