• Military Menu                       

• Introduction
• Systems
• Facilities
• Agencies
• Industry
• Operations
• Countries
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• WMD
• Intelligence
• Homeland Security
• Space

ATK Awarded $89 Million Under Long-term Small-caliber Ammunition Contract

Total Value Expected to Increase in the Coming Months

Feb 2, 2004

Minneapolis, Feb. 2, 2004 – ATK (Alliant Techsystems, NYSE: ATK), the nation’s largest supplier of ammunition, has received an $89 million order from the U.S. Army Joint Munitions Command (JMC), Rock Island, Ill., to supply small-caliber ammunition to the U.S. Department of Defense (DoD). The ammunition will be produced by ATK Lake City Small Caliber Ammunition Company, at the Lake City Army Ammunition Plant in Independence, Mo. This is the sixth annual procurement from JMC under a ten-year basic production contract.

ATK expects additional orders over the next several months to help meet DoD small-caliber ammunition training and war reserve requirements for government fiscal year 2004. These additional orders are likely to increase the total value of the contract.

ATK Lake City Small Caliber Ammunition is one of three operating units within ATK’s Ammunition and Related Products Group, which produces more than 1 billion rounds of small-caliber and medium-caliber military ammunition annually.

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: changes in governmental spending and budgetary policies, fluctuations in ammunition training and war reserves, 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.