ATK Acquires Weaver Optics

ATK has announced its acquisition of Weaver® Optics from Meade Instruments effective April 24, 2008. This acquisition further heralds ATK’s return to the optics category and integrates yet another trusted and respected name into the well-known family of ATK brands.

This strategic move, coupled with the 2007 launch of Nitrex Optics™ establishes ATK as a significant and growing force within this product category. Mark DeYoung, President of ATK Armament Systems and ATK Commercial Products stated that “The opportunity to add Weaver optics into our growing portfolio of quality brands supports our strategy for growth. As we continue to expand our capability and product offering in the accessories category, optics will be a solid contributor to our success. Our company has a solid history with the Weaver brand and we are pleased to add Weaver optics back into our winning lineup.”

The legendary Weaver brand of optics, when combined with ATK’s existing Weaver rings, mounts and bases, positions the company for continued growth and operational synergies within their optics line-up.