April 28th, 2008

ATK Acquires Weaver Optics

Following on the heels of Leupold’s recent acquisition of the Redfield Optics brand, ATK has announced its acquisition of Weaver® Optics from Meade Instruments effective April 24, 2008. So, in the same month, two legendary American scope brands have changed hands. In the case of Weaver, we think this is a good thing, as customer service has declined under Meade’s control. ATK, which produces CCI, Federal, and Alliant products, has the resources to improve the Weaver line and maintain a higher standard of customer service. ATK is a giant aerospace and munitions manufacturer with more than 17,000 employees in 21 states and over $4.1 billion in revenue.

The Weaver acquisition, coupled with the 2007 launch of Nitrex Optics™, establishes ATK as a major player in the sport optics field. Mark DeYoung, President of ATK Armament Systems and ATK Commercial Products, stated that “The opportunity to add Weaver Optics into our growing portfolio of quality brands supports our strategy for growth. Our company has a solid history with the Weaver brand and we are pleased to add Weaver optics back into our winning lineup.”

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