Commonly abbreviated as ATK, Alliant Techsystems Inc. is an aerospace, commercial and defense products company. Created in 1990, the business now operates internationally including in 21 states as well as in Puerto Rico. The business has found growth through internal expansion as well as through a series of acquisitions.
ATK started as a subsidiary of Honeywell Inc. The company is the latter’s means of exiting the defense industry which eventually became a separate entity after it got spun off. Through the acquisition of Hercules Inc., ATK was able to enter the aerospace market. The sole manufacturer of the reusable Solid Rocket Motor which was used to launch the NASA Space Shuttle was acquired by the business in 2001 and was renamed from Thiokol to ATK Launch System in 2006.
ATK holistically operates with people, shareholders and customers as their core focus. They create their business strategies together with their values and ethical governance around these factors. When their fiscal year ended in March 31, 2013, they reported sales of $4.4 billion with the US Army as their biggest customer.