Alliant Techsystems, Inc. completes purchase of Thiokol Propulsion

Executives with Alliant Techsystems Inc. (ATK) announced April 23 that the purchase of Thiokol Propulsion from Pittsburgh-based Alcoa Inc. has been completed. ATK, which announced the sale in January (DAILY, Feb. 1), purchased Thiokol for $685 million in cash. The sale will boost ATK's production of...

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