ATK Acquires Blackhawk


The firearm industry consolidation continues. ATK, a major player in the defense industry, has purchased Blackhawk Industries.

MINNEAPOLIS, April 12 Alliant Techsystems (NYSE:ATK – News) has acquired Blackhawk Industries Products Group Unlimited, LLC, one of the most recognizable brands in the rapidly expanding security market. The acquisition of Blackhawk, combined with the recent acquisition of Eagle Industries, strengthens ATK’s position in tactical accessories and equipment for domestic and international military, law enforcement, security, and sport enthusiast markets. Terms of the agreement were not disclosed.

“The acquisition of Blackhawk supports our strategy of expanding into adjacent lanes while leveraging ATK’s existing core competencies to deliver efficient growth and EPS,” said Mark DeYoung, President and CEO. “Blackhawk provides ATK with a leading tactical systems brand, an expanded portfolio of quality products, and additional design and development expertise for innovative tactical accessories. This acquisition significantly increases our presence and our potential in the growing domestic and international security markets.”

ATK produces ammunition under a variety of brands including Federal and CCI. A while ago Blackhawk purchased Knoxx (a recoil reduction stock manufacturer).





Steve Johnson

Founder and Dictator-In-Chief of TFB. A passionate gun owner, a shooting enthusiast and totally tacti-uncool. Favorite first date location: any gun range. Steve can be contacted here.


Advertisement

  • thomas

    Didn’t they just buy Eagle Industries? I have noticed that Eagle products have become scarce recently. I hope they do not plan on shutting down the Eagle brand. Eagle is preferred over Blackhawk.

  • SpudGun

    Up until now, I’d never heard of ATK Aerospace but after having a quick look at their website, they sure like buying stuff.

    It does seem worrying that ATK own two companies that essentially produce similar products – tac vests, holsters, pouches, etc.

    Eagle Industries has a very strong reputation for making high quality but expensive tac gear and Blackhawk gets a lot of military contracts based on having acceptable gear at a reasonable price point.

    I’m wondering if they’ll merge the two entities together to make Black-Eagle?

  • rusgunnut1

    I saw the email in my inbox, having signed up for the blackhawk email newsletter, but the only AT- i recognise is ATI so I was confused. This is big news though. I wonder what they’ll do. I sure do hope they’ll open a warehouse in the UK to allow me to order: A dream I know.

  • jaekelopterus

    Consolidation like this is bad for the industry. Less compition means lower quality and higher prices. Guess I won’t be buying any Blackhawk products.

  • Alex

    Because the acquisition of two small companies means the entire firearm accessory industry is down to massive monopolies squeezing money from the helpless populace for the necessities of life, right?

    Here’s the thing- if they don’t keep Blackhawk around as a division, then your proud claim of boycotting them is preposterous; there won’t be any products for you to avoid buying. If they keep Blackhawk around, they’re doing it because the company is mostly profitable as is and they just want the revenue to keep their stock strong.

    At the very least, claim to be boycotting ATK as a whole if you want to be taken seriously.

  • Trango

    Mergers like this are nothing new to this industry or any other for that matter. We’ve seen this with BAE Systems who owns Safariland and buys new companies small and large all of the time. There is also Bushnell, another name I’m sure everyone recognizes, who owns Uncle Mikes, Hoppe’s, Butler Creek, and more.

    Blackhawk is a solid entity and ATK has noted that one of the reasons Blackhawk was acquired was to, “…deliver efficient growth and EPS,” (EPS=Earnings Per Share) which in the current marketplace makes sense for both ATK and Blackhawk.

    Whether this will have a positive or negative effect on pricing for Blackhawk remains to be seen. However I think from a product quality and diversity perspective, it will only mean good things for the Blackhawk line.

  • For what its worth, ATK owns more than ammunition manufacturers. They also own Alliant Powders (formerly Hercules), RCBS, Outers, Weaver, Ram-Line, and Champion Targets.

  • Eric

    I use to work for Uncle Mikes when Bushnell came in and purchased Michaels of Oregon and shut everything down and off shored the product lines, yes virtually all “Uncle Mikes” products come from asian MFG. Blackhawk! Came in and purchased the old Michaels facility in Idaho and set up shop so some products could be mfg. in the US but still most of it is asia crap. I have friends at Blackhawk and ATK but almost all their products come from off shore, none of which I feel is great for America. These two Big Guys make great product don’t get me wrong however there are quite a few small domestic companies out there that make great product in america for america you just have to look for them, and yeah it may cost a little more but you know that the quality will be there and the money will go back into our own economy.
    Eric
    Last US Bag Co.

  • rbowwow

    I went to return a belt to the idaho facility and it’s a “No Guns Allowed” business!? I turned around and will mail them the belt and not do any further business.

  • Saskew

    Do Not buy any Blackhawk products:
    After deploying my now Chines made boots fell apart after less than
    days having come apart at the seams

    The tactical p[ants tore at the front zipper
    the lvel two serpa holster the paddle broke in the top left hand corner
    the level

  • DShepard

    Poor Quality

    The L2 paddles break in the upper left hand corner
    the l3 screws fall out
    the pants tear around the zipper when trying to pull up
    the zipper
    the boots made in China come part where the sole and casting meet
    the shotgun stocks the bolts are wrong right from the factory and do not match the wapons
    the lights are defective out of the box

  • Richard U.

    Dear People,
    Who love guns and weapons, ATK will buy every gun and ammo maker and sell it to THE HIGHEST BIDDER!! $$$$$$$.
    USSR,China maybe the Middle east people????
    These guys don,t care about people or country.
    They own RCBS,Speer,Fedral,Weaver,Bushnel,Tasco,Uncle Mikes,Blackhawk,Eagle,powder companies here,Millets sights.
    Who is next?
    Maybe the US Congress will break up this corp.?
    Call your USA Congressman and ask why is this happening.
    Dose this Violate US trust Laws?
    The President selling us out?
    Call now and ASK THEM.
    In God I Trust,Not man.