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ATK Wins $30 Million Ammunition Contract

30mm Combat Ammunition Proven Effective in Iraq and Afghanistan

Jan 8, 2004

Minneapolis, Jan. 8, 2004 – ATK (Alliant Techsystems, NYSE: ATK) has received a contract from the U.S. Joint Munitions Command, Rock Island, Ill., to produce lightweight (LW) 30mm M789 High Explosive Dual Purpose (HEDP) tactical ammunition. The total contract value will exceed $30 million.

Used primarily in Apache AH64 helicopters, the LW30mm ammunition is battle-proven and capable of supporting numerous missions and tactics. The dual-purpose warhead provides the firepower necessary to penetrate armor while maintaining its high-explosive capability for use against soft targets. The ammunition is currently in use in both Afghanistan and Iraq.

Wayne Farley, president, ATK Ammunition and Powder, said, "The M789 round provides the flexibility air crews need to accomplish numerous missions. Whether U.S. forces encounter armored vehicles in the open or are involved in urban combat, Apache crews rely on the M789 to deliver the precision and firepower necessary to defeat the enemy."

The LW30mm M789 is fired from the M230 Chain Gun, produced by ATK Gun Systems in Mesa, Ariz. The M789 HEDP cartridge and M230 Chain Gun are in use on other platforms, including developmental ground vehicles and current airframes.

ATK Ammunition Systems, Arden Hills, Minn., will produce the fuze and projectile assemblies. The final assembly, load, and pack will take place at ATK’s New River Energetics facility at the Radford Army Ammunition Plant in Radford, Va. Both companies are operating units of ATK Ammunition and Related Products Group, Anoka, Minn.

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 12,500 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.



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