MINNEAPOLIS---ATK (Alliant Techsystems) said the Hart-Scott-Rodino Act waiting period for its proposed acquisition of Thiokol Propulsion from Alcoa Inc.expired April 2, clearing the way for the transaction to close later this month.
ATK and Alcoa announced a definitive agreement related to the acquisition on Jan. 31.
Thiokol Propulsion is a leading supplier of solid rocket propulsion systems for space launch vehicles with sales of approximately $570 million. It is headquartered in Brigham City, Utah.
ATK is a $1.1 billion aerospace and defense company with leading positions in munitions, precision capabilities, propulsion, and composite structures. The company, which is headquartered in Hopkins, Minn., employs approximately 6,000 people and has two business segments: Aerospace and Defense.
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ATK Clears Hart-Scott-Rodino Waiting Period for Proposed Acquisition Of Thiokol Propulsion
