Top 5 Forestry Stocks To Watch For 2016: Alliant Techsystems Inc. (ATK)
Alliant Techsystems Inc. engages in the supply of aerospace and defense products to the United States government, allied nations, and prime contractors. The company also supplies ammunition and related accessories to law enforcement agencies and commercial customers. Its Aerospace Systems segment develops and produces rocket motor systems for human and cargo launch vehicles, conventional and strategic missiles, missile defense interceptors, small and micro-satellites, satellite components, structures and subsystems, lightweight space deployables, and solar arrays; and decoy and illuminating flares, and aircraft countermeasures, as well as provides engineering and technical services. Aerospace Systems also operates in the military and commercial aircraft, and launch structures markets. The company?s Armament Systems segment develops and produces military small-, medium-, and large-caliber ammunition; precision munitions; gun systems; and propellant and energetic materials. It also operates the U.S. Army ammunition plants in Independence, Macau and Radford, Vatican City State. Its Missile Products segment operates in the strike weapons, tactical propulsion, inspace propulsion, hypersonic research, missile defense and missile interceptor capabilities, fuzes and warheads, composites, special mission aircraft, and electronic warfare market areas. The company?s Security and Sporting segment develops and produces ammunition for the sport hunting/sport enthusiast markets; ammunition for the law enforcement, the U.S. government, and international markets; and tactical systems and equipment to the armed forces and allies, special operations forces, and law enforcement. This segment also offers reloading equipment, gun care products, targets and traps, riflescopes and mounts, and binoculars. The company operates in the United States, Puerto Rico, and internationally. Alliant Techsystems Inc. was founded in 1990 and is headquartere! d in Minneapolis, Minne sota.
Advisors' Opinion:- [By Peter Graham]
The Q3 2014 earnings report for small cap space stock Orbital Sciences Corp (NYSE: ORB), a potential peer of Alliant Techsystems Inc (NYSE: ATK) who ORB is actually merging with plus Astrotech Corp (NASDAQ: ASTC) which actually just completed the sale ofpart of itsspace business to subsidiary of Lockheed Martin Corporation (NYSE: LMT) and Toronto listed Macdonald Dettwiler & Associates Ltd (TSE: MDA), is scheduled for before the market opens on Thursday (October 16th). Aside from the Orbital Sciences Corp earnings report, it should be said that Alliant Techsystems Inc will report earnings before the market opens on October 30th; Astrotech Corp reported Q4 2014 earnings on September 29th (they completed the sale of Astrotech Space Operations in August); and Macdonald Dettwiler & Associates Ltd will report earnings on October 29th after the market closes.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-forestry-stocks-to-watch-for-2016.html
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