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ATK FMU-139B/B Bomb Fuze Certified by U.S. Navy; Milestone Clears Way For Shipment to International Customers

Dec 18, 2001

ATK (Alliant Techsystems)(NYSE: ATK) said the FMU-139B/B electronic bomb fuze produced by ATK Precision Fuze Company, Janesville, Wis., has been certified by the U.S. Navy. The company also said it has begun shipments of the product to six allied nations, with nearly 1,800 fuzes delivered to date and another 700 scheduled for shipment in January.

The FMU-139B/B fuze is used to detonate guided or unguided high-explosive bombs immediately at impact, after a delay following impact, or upon a signal from a separate proximity sensor. It is an updated version of the FMU-139A/B fuze originally developed by Motorola and the U.S. Navy during the 1980s. ATK acquired Motorola's sensor and fuze business in 1997.

In 1999, ATK received contracts worth a combined $5 million from three U.S. allies to produce the FMU-139B/B fuze. Since then, three additional allied nations have placed orders for the totaling approximately $3 million. The company said it is discussing requirements for the fuze with other potential customers and expects to receive additional orders in the near future.

ATK Precision Fuze Company is a leading supplier of precision fuzes and sensors to the U.S. government and allied nations and a major producer of lithium batteries for military and aerospace applications. The company has produced over 70 different fuzes and proximity sensors for use in artillery, mortar, rocket, cannon, air-delivered, and special operations systems.

ATK is a $1.7 billion aerospace and defense company with leading positions in propulsion, composite structures, munitions, and precision capabilities. The company, which is headquartered in Edina, Minn., employs approximately 11,400 people and has two business segments: Aerospace and Defense. ATK news and information can be found on the Internet at http://www.atk.com/ .

The forecast for anticipated orders included in this news release is a "forward-looking statement" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from anticipated results, including changes in governmental spending and budgetary policies, economic conditions, the company's competitive environment, the timing of awards and contracts, the outcome of contingencies, program performance, and sales projections, in addition to other factors identified in ATK's filings with the Securities and Exchange Commission.

SOURCE: Alliant Techsystems

Contact: Media, Rod Bitz, +1-952-351-3063, rod_bitz@atk.com, or
Investors, Steve Wold, +1-952-351-3056, steve_wold@atk.com, both of ATK



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