Boeing today announced it is selling its Mesa, AZ-based ordnance business to Alliant Techsystems, according to a company statement. While terms of the agreement were not disclosed, the transaction follows an announcement in May 2001 that Boeing was seeking a buyer for its ordnance business to further focus company operations on core aerospace capabilities, the statement reads. Pending regulatory approvals, the two companies expect to complete the transaction in the first half of this year. Under the agreement, ATK will...
