DeYoung Named ATK President & CEO
Mark DeYoung has been named the new President and CEO of Alliant Techsystems (ATK). Prior to his promotion to ATK’s top leadership position, DeYoung served as President of ATK’s Armament Systems Group, which makes commercial ammunition, tactical accessories, and medium-caliber gun systems. DeYoung has lead the way in ATK’s modernization efforts, helping the company adopt “lean manufacturing” methods. Under DeYoung’s guidance, ATK has become the largest producer of ammunition in the world. ATK’s Armament Systems Group will have a projected $2.1 BILLION in revenue this year, up from $600 million in 2003.
The ATK “family of companies” includes some of the most popular brands in the shooting and reloading market segments: Alliant Powder, CCI, Federal, Outers, RCBS, and Speer. With his experience in small arms ammo production, we can expect DeYoung to maintain ATK’s commitment to hunting and recreational shooting. ATK also has very large military and aerospace contracts, but DeYoung is a guy who understands small arms ammo manufacturing. A decade ago, DeYoung was put in charge of ATK’s Lake City Ammunition business, and he headed the commercial ammunition business launched in 2001. In the video below, DeYoung is interviewed at the 2008 SHOT Show by TheStreet.com.
CLICK HERE to WATCH DeYoung ATK Video
Jim Shepherd, on the Shooting Wire, noted: “ATK has more than 18,000 employees worldwide and annual revenues of approximately $4.8 billion. Today, it has a President and Chief Executive Officer who may be more knowledgeable about firearms and the firearms industry than any other head of a major corporation in the United States.”