Alliant Techsystems

Global $62 Bn Precision Guided Munition Market to 2027: Growing Military Modernization Programs and Reduction in Logistics Burden

Retrieved on: 
Friday, October 4, 2019

DUBLIN, Oct. 4, 2019 /PRNewswire/ -- The "Precision Guided Munition - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 4, 2019 /PRNewswire/ -- The "Precision Guided Munition - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Precision Guided Munition market accounted for $27.40 billion in 2018 and is expected to reach $62.01 billion by 2027 growing at a CAGR of 9.5% during the forecast period.
  • Increasing demand for precision-guided munitions to minimize collateral damage, growing military modernization programs and reduction in logistics burden are some of the factors fuelling the market growth.
  • Precision guided munitions are a shell fitted with a terminal guidance system for missiles, bombings or artillery.

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Orbital ATK Securities Litigation

Retrieved on: 
Wednesday, March 13, 2019

Ellis, III, United States District Judge, at the United States District Court for the Eastern District of Virginia, Alexandria Division, Albert V. Bryan U.S.

Key Points: 
  • Ellis, III, United States District Judge, at the United States District Court for the Eastern District of Virginia, Alexandria Division, Albert V. Bryan U.S.
  • 78u-4(a)(4) in connection with their representation of the Class.
  • If you purchased, acquired or sold Orbital ATK common stock (including by tendering shares of Orbital Sciences stock in exchange for shares of Orbital ATK common stock in connection with the merger between Alliant and Orbital Sciences), your rights may be affected by this Action and the Settlement thereof.
  • If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action and a copy of the Proof of Claim and Release form, you may obtain copies by writing to Orbital ATK Securities Litigation, Claims Administrator, c/o Gilardi & Co. LLC, P.O.

EOS and Milrem Robotics demonstrate unmanned warfare system with 30mm RWS

Retrieved on: 
Wednesday, February 20, 2019

The Australian technology company Electro Optic Systems and the European unmanned warfare systems developer Milrem Robotics are cooperating to bring lightweight 30mm lethality to the UGV market.

Key Points: 
  • The Australian technology company Electro Optic Systems and the European unmanned warfare systems developer Milrem Robotics are cooperating to bring lightweight 30mm lethality to the UGV market.
  • View the full release here: https://www.businesswire.com/news/home/20190220005349/en/
    The weaponized warfare system features the THeMIS unmanned ground vehicle equipped with the R400S Mk2-HD (dual) RWS mounting 30mm ATK M230 LF cannon and a coaxial 7.62mm GPMG.
  • (Photo: Business Wire)
    The weaponized warfare system features the THeMIS unmanned ground vehicle equipped with the R400S Mk2-HD (dual) RWS mounting 30mm ATK M230 LF cannon and a coaxial 7.62mm GPMG.
  • EOS and Milrem Robotics are planning to test fire the system as soon as possible.

MTS Announces Appointment of Todd Klemmensen as Senior Vice President and General Counsel

Retrieved on: 
Wednesday, August 8, 2018

EDEN PRAIRIE, Minn., Aug. 8, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced the appointment of Todd Klemmensen, currently MTS Systems Associate General Counsel and acting General Counsel, as Senior Vice President, General Counsel and Secretary for the company, effective August 5, 2018.

Key Points: 
  • EDEN PRAIRIE, Minn., Aug. 8, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced the appointment of Todd Klemmensen, currently MTS Systems Associate General Counsel and acting General Counsel, as Senior Vice President, General Counsel and Secretary for the company, effective August 5, 2018.
  • Todd was Senior Manager - Contracts at Alliant Techsystems Inc. (ATK) and provided legal counsel within its Armament Systems Group, prior to joining MTS Systems as Director of Contracts and Senior Counsel in 2012.
  • In a statement from Dr. Jeffrey Graves, President and Chief Executive Officer of MTS, he stated, "On behalf of our Board of Directors and the entire Management Team, we are pleased to appoint Todd to the role of MTS General Counsel.
  • As our General Counsel, we are confident that Todd will provide us with excellent leadership and guidance as we continue to execute on our growth strategy."