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ATK Receives $38 Million Contracts for Tactical Tank Ammunition

ATK Tank Ammunition Deliveries Exceed 3.4 Million Rounds

Apr 6, 2004

Minneapolis, April 6, 2004 – ATK (Alliant Techsystems, NYSE: ATK) has received new contracts in excess of $38 million from the U.S. Army’s Armament Research, Development and Engineering Center (ARDEC) at the Picatinny Arsenal, N.J. Under the contracts, ATK will provide 120mm tactical ammunition for the Army’s M1A1/A2 Abrams main battle tanks. Deliveries will be completed by November 2005. The Project Manager, Maneuver Ammunition Systems, manages the contract for the Army and Marine Corps.

The awards are for kinetic energy and multipurpose combat ammunition rounds. These rounds use advanced composite sabot technology, advanced warheads, and improved propulsion designs to increase range and lethality.

"ATK is proud to provide U.S. armed forces and our allies with the most advanced ammunition in the world," said John Shroyer, president, ATK Ordnance and Ground Systems. "Since 1984, ATK has delivered more than 3.4 million rounds to our customer."

ATK has been the systems contractor for 120mm tank ammunition for over 20 years and produces a complete family of tactical and training rounds for main battle tanks. The company is also developing the U.S. Army’s next-generation combat and training ammunition for the Abrams tank and future combat systems.

ATK is a $2.3 billion aerospace and defense systems company. 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, 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.