ATK Creates Two Standalone Companies - Vista Outdoor and Orbital ATK
In April, 2014, ATK announced that its Board of Directors unanimously approved the creation of two independent, publicly traded companies through the tax-free spin-off of ATK’s Sporting Group and a merger between Orbital Sciences Corporate and ATK’s Aerospace and Defense Groups.
The Sporting and Aerospace and Defense businesses operated in fundamentally different segments with different strategies, operating dynamics and compliance requirements. The transaction, completed in February, 2015, allowed Vista Outdoor (the spin-off of ATK’s Sporting Group) and Orbital ATK (the merger of Orbital Sciences Corporate and ATK's Aerospace and Defense Groups) to focus on their respective markets, take advantages of growth opportunities, unique capabilities and inherent strengths.
Getting to Know Vista Outdoor
Vista Outdoor Inc. is a leading global designer, manufacturer and marketer of consumer products in the growing outdoor sports and recreation markets. We serve these markets through our diverse portfolio of well-recognized brands that provide consumers with a range of performance-driven, high-quality and innovative products, including ammunition and firearms, outdoor products, optics, rangefinders and performance eyewear. We serve a broad range of end consumers, including outdoor enthusiasts, law enforcement and military professionals, hunters and recreational shooters and professional athletes. Vista Outdoor's headquarters are in Clearfield, Utah and we employ nearly 5,800 skilled workers worldwide.
Vista Outdoor operates in two primary business segments: Shooting Sports and Outdoor Products. Our portfolio includes well-respected brands such as Federal Premium®, Speer®, CCI®, CamelBak®, Savage Arms™, Bushnell®, BLACKHAWK!®, Eagle®, Bollé®, and many others.
Vista Outdoor Provides Sales Channels (Quality Products) to Customers around the Globe
Vista Outdoor is a world leader in outdoor recreation and shooting sports products, providing our customers with a single source for top outdoor brands.
In addition to ammunition products produced within our own factories, we are also the exclusive commercial sales channel for ammunition produced at the Lake City Army Ammunition Plant (LCAAP) in Independence, Missouri. LCAAP is operated by Orbital ATK and supplies small caliber ammunition to the U.S. Army. All other LCAAP-produced ammunition is sold through an exclusive agreement with Vista Outdoor. Our customers include foreign military and law enforcement customers, as well as U.S. domestic customers.