Entity Formed to Demonstrate Orbital ATK s Long Term Commitment to
the Kingdom of Saudi Arabia
DULLES, Va.Nov. 12, 2015--
Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense
technologies, announced today the establishment of a jointly-owned
subsidiary in Riyadh, Saudi Arabia, to support the company s growing
regional presence. The primary focus will be to strengthen Orbital ATK s
existing alliances in the country and collaborate with the Kingdom of
Saudi Arabia to help it realize its self-sufficiency objectives in
national security, defense and training.
Orbital ATK plans to work in partnership with local Saudi industry to
develop indigenous capabilities to preserve peace and maintain stability.
Orbital ATK has been serving the needs of Saudi Arabia for many years,
said Mike Kahn, President, Orbital ATK Defense Systems Group. This new
Saudi company reflects our long-term commitment to the Kingdom of Saudi
Arabia, a strong ally of the United States.
We want to create a culture of excellence; a commitment to the highest
standards in every aspect of the way we do business, said Salman Al
Malik, CEO of the new company, Alliant Techsystems Operations LTD.
Saudi Arabia is strategically important to Orbital ATK, said Amer
Kayani, Chairman of the Board of Managers of the new Saudi company. Our
team in the Kingdom is committed to working with the Saudi Government
and other local partners to develop business opportunities that sustain
long-term jobs for Saudi nationals in the defense and security sectors.
Orbital ATK s Defense Systems Group is an industry leader in providing
innovative and affordable precision and strike weapons, advanced
propulsion and hypersonics, missile components across air-, sea- and
land-based systems, ammunition and related energetic products.
About Orbital ATK
Orbital ATK is a global leader in aerospace and defense technologies.
The company designs, builds and delivers space, defense and aviation
systems for customers around the world, both as a prime contractor and
merchant supplier. Its main products include launch vehicles and related
propulsion systems; missile products, subsystems and defense
electronics; precision weapons, armament systems and ammunition;
satellites and associated space components and services; and advanced
aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK
employs more than 12,000 people in 18 states across the U.S. and in
several international locations. For more information, visit www.orbitalatk.com.
Source: Orbital ATK, Inc.
Media:
Orbital ATK
Bryan Kidder, 410-864-4932
Defense
Systems Group Communications
bryan.kidder@orbitalatk.com
or
Investor:
Orbital
ATK
Barron Beneski, 703-406-5528
Public and Investor Relations
barron.beneski@orbitalatk.com