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ATK Receives Global Hawk Contract in Excess of $6 Million

Composite Wing Will Be More Than 56 Feet Long

Mar 4, 2004

Minneapolis, March 4, 2004 – ATK (Alliant Techsystems, NYSE: ATK) has received advanced authorization for a $6 million contract from Vought Aircraft Industries, Inc. to produce the first production lot of composite redesigned wing parts and assemblies for Northrop Grumman’s Global Hawk unmanned aerial vehicle (UAV). Production of the composite wing structures will take place at ATK facilities in Clearfield, Utah, Iuka, Miss. and Rocket Center, W.Va.

U.S. armed forces and the nation’s allies increasingly depend on UAVs to provide timely and accurate intelligence without putting pilots in harms way. Global Hawk will benefit from the strength, flexibility and lightweight design of ATK’s composite wings and assemblies as it supports the global war on terrorism.

The contract follows ATK’s January announcement that it is fabricating composite upper-wing skins for the Lockheed Martin Joint Strike Fighter.

ATK is a $2.2 billion aerospace and defense company with strong positions in propulsion, composite structures, munitions, precision capabilities, and civil and sporting ammunition. The company, which is headquartered in Edina, Minn., employs approximately 12,600 people and has three business groups: Precision Systems, Aerospace, and Ammunition and Related Products. ATK news and information can be found on the Internet at www.atk.com.

Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: unforeseen delays in UAV procurement, changes in governmental spending and budgetary policies, economic conditions, equity market returns, the company's competitive environment, the timing of awards and contracts, the outcome of contingencies, including litigation and environmental remediation, program performance, and sales projections. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, reference should be made to ATK’s filings with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, current reports on Form 8-K and annual reports on Form 10-K.