November 7, 1992 |
Merger of Ammunition Makers Blocked: The Federal Trade Commission sought a court order to halt the merger of the only two manufacturers of certain types of ammunition used by the Defense Department for the Abrams tank and Apache helicopter. The FTC said Alliant Techsystems Inc.'s acquisition of Olin Corp.'s ordnance division "would substantially reduce competition in the U.S. markets for these types of ammunition." Alliant Techsystems, based in Edina, Minn.
February 1, 2001 |
Alcoa Inc., the world's largest producer of aluminum, said it is selling its rocket propulsion systems operation to aerospace and ammunitions company Alliant Techsystems Inc. for $685 million in cash. The sale of the Alcoa unit, Thiokol Propulsion, is expected to close by the end of the second quarter.
May 6, 2005 |
Defense contractor Northrop Grumman Corp. and Alliant Techsystems Inc., the largest supplier of ammunition and rocket motors to the U.S. military, are developing an anti-artillery weapon for use in Iraq. Century City-based Northrop is providing the fire-control system and leading the development of the U.S. Army program, and Alliant Techsystems is providing the interceptor that destroys the incoming rockets, artillery or mortars, the companies said Thursday. Mortar attacks on U.S.
December 24, 1996 |
Hughes Electronics Corp. said Monday that it has agreed to purchase the torpedo and military sonar businesses of Alliant Techsystems Inc. for $141 million in cash. Alliant's Marine Systems Group will be part of the naval and maritime systems division of Hughes Aircraft Co., a unit of Los Angeles-based Hughes Electronics, which is owned by General Motors Corp.
February 18, 1991 |
Workers voted overwhelmingly Sunday to accept a wage increase and end a weeklong strike at a plant that makes 25-millimeter shells considered critical for the Persian Gulf ground war. Production and maintenance workers at Alliant Techsystems Inc. voted 937 to 116 to accept the 32-month pact, according to Teamsters Local 1145. About 1,300 workers at 10 Alliant plants in the Minneapolis-St. Paul area were to return to their jobs Sunday, the union said.
November 12, 2003 |
Alliant Techsystems Inc. said Tuesday that it was teaming with UAL Corp.'s United Airlines to compete for a contract to equip U.S. commercial aircraft with missile defense systems. Bids must be submitted by Dec. 8 to the Homeland Security Department, which will move quickly to award a contract to begin supplying the devices to commercial airlines, said Brian Roehrkasse, a department spokesman. An Alliant defense system is in use on 1,100 U.S.