ATK Signs International Distribution Agreement with Polish Energetics Manufacturer Nitro-Chem
Agreement Broadens ATK's Commercial Energetic Product Offerings.
MINNEAPOLIS, Minn –-(Ammoland.com)-ATK (NYSE: ATK) announced today that it has signed a long-term international distribution agreement for energetic products with the Polish manufacturer, Zaklady Chemiczne, known as Nitro-Chem.
“This agreement brings together our expertise in supply chain management and worldwide marketing and distribution of energetic materials with Nitro-Chem's unique manufacturing capabilities,” said Kent Holiday, ATK Energetic Systems Vice President and General Manager.
“It helps diversify our business by facilitating our expansion into the commercial energetics market, and offers us growth opportunities in both the domestic and international markets.”
Under the terms of the agreement, ATK will market and distribute Nitro-Chem-produced explosives including TNT for both military and commercial applications.
Other explosive products and compounds, including boosters for commercial mining and construction, RDX, HMX, Comp B, and DNT, will also be distributed under the terms of the agreement.
ATK is an aerospace, defense, and commercial products company with operations in 22 states, Puerto Rico, and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at www.atk.com.