Terrible company, unless you want to make money supporting landmines, cluster bombs and depleted uranium munitions that poison our own troops and civilians. Have a nice day.
Alliant Techsystems, Inc. supplies aerospace and defense products to the U.S. government agencies, and its prime contractors and subcontractors. The company also supplies ammunition and related accessories to law enforcement agencies and commercial customers. Its ATK Armament Systems segment offers military ammunition and gun systems, such as small-caliber training and tactical ammunition rounds; medium-caliber ammunition, including fighting and light armored vehicles, helicopters, A-10 close-combat support aircraft, and AC-130 gunship aircraft; and chain guns for medium-caliber gun systems...
The aerospace and defense sector has held up fairly well over the past year, with a small percentage gain in the face of a declining overall market. <!----> Some of the strength may be attributed to the continued wars in Iraq and Afghanistan. However, with much talk of troop withdrawal and the ongoing fight in Congress regarding funding, some companies have been hit hard in the past year; e.g. Ceradyne (CRDN)- which makes the ceramic SAPI plates used in individual body armor, and Force Protection (FRPT)- which makes armored vehicles, like the USMC’s new mine resistant ambush protected Coug
With the U.S. economic landscape remaining uncertain, it's prudent to add a defensive stock or two to your portfolio, and with the aforementioned in mind Alliant Techsystems is worth an evaluation.
Alliant Techsystems (NYSE: ATK) is an ammunition supplier and rocket engine / motor manufacturer with substantial United States Government contracts.
Analysts like Alliant's strong fundamentals, solid U.S. Department of Defense orders for ammunition, equally impressive launch systems work from NASA, and sporting ammunition business.
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
ATK
ATK
About Alliant Techsystems Inc
- Answers.com
