ATK — Moving On Up…

Alliant Techsystems (NYSE: ATK) will realign its business structure, effective April 1ar, into four operating groups: Aerospace Systems, Armament Systems, Missile Products, and Security and Sporting. The change better aligns ATK‘s capabilities and resources with its customers and markets, and positions the company for long-term growth and improved profitability.

Blake Larson, who currently leads the Space Systems group, will lead the newly formed Aerospace Systems group, which will include the Space Systems group and the Aerospace Structures business of Mission Systems. Aerospace Systems will have capabilities in solid rocket propulsion systems, advanced materials, launch structures, next-generation commercial and military aircraft structures, satellite structures, and small satellite systems.

Karen Davies, who led the Small Caliber Systems business of Armament Systems, will lead the Armament Systems group. The group is the world’s largest military ammunition supplier with core competencies in efficient high-rate manufacturing, integrated weapon systems, gun-launched guided weapons, global supply chain management, and facility management.

Bart Olson, who led Mission System’s Tactical Propulsion and Controls division, will lead the newly formed Missile Products group on an interim basis. The Missile Products group fully aligns ATK’s missile design, engineering and manufacturing capabilities to meet program execution milestones and customer expectations.

Jack Cronin, the President of the current Mission Systems group, will leave ATK to pursue other opportunities.

Ron Johnson, who led the commercial products business of Armament Systems, will lead the newly formed Security and Sporting group. The group offers a portfolio of market leading brands, innovative ammunition, accessories, and individual equipment for sporting, military, personal security, and law enforcement applications.