3 Gun Makers Firing on All Cylinders

Spending on guns continues to rise, lifting up these manufacturers

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3 Gun Makers Firing on All Cylinders

Alliant Techsystems

AlliantTechsystemsLogo 150x150 3 Gun Makers Firing on All CylindersAlliant Techsystems (ATK) is a defense contractor for the aerospace and defense industries and produces ammunition and accessories. U.S. government customers make up 67% of its total sales.

The company’s ammunition and accessories products combined make up 40% of Alliant’s revenue in fiscal 2013.  It sells firearms under the brand names Federal Premium, Fusion and Eagle.

Of that 40%, about a third came directly from came from Alliance’s contract to run the Lake City Army Ammunition Plant in Independence, Mo.; the contract lasts until 2020. This past fiscal year, the ammo plant produced 1.8 billion rounds. ATK shares finished 2013 up 84% for the year.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/01/gun-makers-stocks-to-buy-atk-rgr-swhc/.

©2014 InvestorPlace Media, LLC

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