The capped Armada fleet series are made in the Head factory. the sandwich constructed sidewall skis are made in the Atomic factory.
Heres how things work in this industry and the snowboarding industry. Owning a factory is expensive and unless your a massive brand producing alot of skis, it is not a very economical choice to make your own skis. So the bigger companies like K2, Salomon, Elan, Atomic, and Head all have their own factories. Companies like Armada buy factory hrs and have their skis made there. This does not mean that Atomic owns Armada, or Head does either. It simply means that Armada has bought time in the factory to get their skis made there. In the board industry there are alot of small indepents that all get their boards manufactured at bigger companies. The numbers are insane, im not exactly sure what they are, but something like 75% of all of the snowboards are made in 5 factories.