Alliant Techsystems Inc., most commonly known by its ticker symbol, NYSE: ATK, is one of the largest aerospace and defense companies in the United States with more than 18,000 employees in 22 states, Puerto Rico and internationally, and 2010 revenues in excess of an estimated US$4.8 billion.[3] The company headquarters is located in Minneapolis, Minnesota.
ATK was formed in 1990 as a subsidiary of Honeywell Inc. as part of Honeywell's plan to exit the defense industry. Under the plan, Honeywell's defense businesses were transferred to ATK which was then spun off to Honeywell stockholders as a separate company.
In 1995 ATK entered the aerospace market with the acquisition of Hercules Inc. Aerospace division. Since then ATK has grown to become a leading supplier of aerospace and defense products to the U.S. government and its allies, and to prime contractors. ATK is also a major supplier of ammunition and related accessories to law enforcement agencies and commercial customers.
ATK is the sole manufacturer of the reusable Solid Rocket Motor used to launch the NASA Space Shuttle. In addition, ATK manufactures the booster separation systems that release the motors away from the Shuttle orbiter and the main liquid fuel tank. Nearly every NASA planetary probe has used some form of propulsion from the one of the company's divisions, and ATK also participated in the X-43A project. The company also produces the propulsion system used in the Trident D5 nuclear missile.
Alliant Techsystems, Edina, and Humbert CTTS SAS were awarded an approximately US$14 million contract to provide Speer 9mm GoldDot ammunition to the French Gendarmerie, French Customs, French Corrections and all 250,000 police officers in France.[4] ATK has greatly expanded its workforce during the United States ammunition shortage. "ATK is experiencing unprecedented demand for ammunition," said Amanda Covington, a spokesperson for ATK in 2009. "Our facilities are working 24-7 to meet the demand of all of our customers.
Benefits
From wide-ranging health and dental care protection to first-day eligibility in our 401(k) plan, ATK benefits help our employees increase their physical and financial health. Our benefit program lets employees customize their benefit package to best meet their family needs and budget.
A choice of medical plans
ATK's medical plan options all cover preventative exams, immunizations, and hearing and vision checks at 100%. Other features of ATK's medical plans:
Deductible, copay, and monthly premium amounts vary, based on the plan option you choose
Built-in wellness and health education programs
Tobacco free and tobacco user employee premiums
Two plan options offer a company-funded Health Savings Account (HSA)
Online modeling tools for employees to help determine which plan option may be best for them
Dependent coverage to age 26, student status not required
Two dental plan options
ATK employees choose from two comprehensive dental coverage options from Delta USA Diagnostics and peventitive services are covered at 100% with no deductible under both plan options. The plans also feature:
Coverage provided for basic and major restorative services, prosthetics, repairs, and sealants
An optional orthodontic benefit in one plan option
Dependent coverage to age 26; student status not required
ATK was formed in 1990 as a subsidiary of Honeywell Inc. as part of Honeywell's plan to exit the defense industry. Under the plan, Honeywell's defense businesses were transferred to ATK which was then spun off to Honeywell stockholders as a separate company.
In 1995 ATK entered the aerospace market with the acquisition of Hercules Inc. Aerospace division. Since then ATK has grown to become a leading supplier of aerospace and defense products to the U.S. government and its allies, and to prime contractors. ATK is also a major supplier of ammunition and related accessories to law enforcement agencies and commercial customers.
ATK is the sole manufacturer of the reusable Solid Rocket Motor used to launch the NASA Space Shuttle. In addition, ATK manufactures the booster separation systems that release the motors away from the Shuttle orbiter and the main liquid fuel tank. Nearly every NASA planetary probe has used some form of propulsion from the one of the company's divisions, and ATK also participated in the X-43A project. The company also produces the propulsion system used in the Trident D5 nuclear missile.
Alliant Techsystems, Edina, and Humbert CTTS SAS were awarded an approximately US$14 million contract to provide Speer 9mm GoldDot ammunition to the French Gendarmerie, French Customs, French Corrections and all 250,000 police officers in France.[4] ATK has greatly expanded its workforce during the United States ammunition shortage. "ATK is experiencing unprecedented demand for ammunition," said Amanda Covington, a spokesperson for ATK in 2009. "Our facilities are working 24-7 to meet the demand of all of our customers.
Benefits
From wide-ranging health and dental care protection to first-day eligibility in our 401(k) plan, ATK benefits help our employees increase their physical and financial health. Our benefit program lets employees customize their benefit package to best meet their family needs and budget.
A choice of medical plans
ATK's medical plan options all cover preventative exams, immunizations, and hearing and vision checks at 100%. Other features of ATK's medical plans:
Deductible, copay, and monthly premium amounts vary, based on the plan option you choose
Built-in wellness and health education programs
Tobacco free and tobacco user employee premiums
Two plan options offer a company-funded Health Savings Account (HSA)
Online modeling tools for employees to help determine which plan option may be best for them
Dependent coverage to age 26, student status not required
Two dental plan options
ATK employees choose from two comprehensive dental coverage options from Delta USA Diagnostics and peventitive services are covered at 100% with no deductible under both plan options. The plans also feature:
Coverage provided for basic and major restorative services, prosthetics, repairs, and sealants
An optional orthodontic benefit in one plan option
Dependent coverage to age 26; student status not required