Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: DEFENSE Date: Sun, 8 Nov 92 10:01:22 EST Message-ID: HEADLINE: DEFENSE Publication Date: Saturday November 7, 1992 BYLINE: Merger of Ammunition Makers Blocked: The Federal Trade Commission sought a court order to halt the merger of the only two manufacturers of certain types of ammunition used by the Defense Department for the Abrams tank and Apache helicopter. The FTC said Alliant Techsystems Inc.'s acquisition of Olin Corp.'s ordnance division "would substantially reduce competition in the U.S. markets for these types of ammunition." Alliant Techsystems, based in Edina, Minn., is a public company and the largest manufacturer of tank ammunition and medium-caliber ammo in the country. Olin, based in Stamford, Conn., is also publicly owned and is a diversified manufacturer of chemicals, metals, ammunition and defense-related products. A hearing date was set for Nov. 16. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM