Alliant Techsystems Inc. to move to DC-area

Published 10:15 am Friday, September 9, 2011

MINNEAPOLIS — A big defense contractor is moving its headquarters from Eden Prairie to the Washington, D.C.-area.

Alliant Techsystems Inc., also known as ATK, is the Army’s largest supplier of small-caliber bullets and makes high-precision missiles, micro-satellites, flares, aerospace components and other high-tech items for the Army, Navy and Air Force.

Ampany’s top executives will move to Arlington, Va., but Alliant’s other 2,700 Minnesota employees are not expected to move.

Email newsletter signup

In a statement, Chief Executive Officer Mark DeYoung said expanding visibility in Washington will help them create a more global, diversified company.

RBC Capital Markets analyst Rama Bondada says the move is largely strategic, to be closer to the U.S. Department of Defense.