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ATK Receives More Than $300 Million in Orders for Small-caliber Ammunition

ATK on Pace to Produce 1.2 Billion Small-caliber Rounds

Dec 13, 2004

Minneapolis, Dec. 13, 2004 – Alliant Techsystems (NYSE: ATK), the nation’s premier small-caliber ammunition provider, has received orders in excess of $300 million from the U.S. Army Joint Munitions Command since the beginning of the government fiscal year on October 1. ATK will supply a mix of 5.56mm, 7.62mm, and .50 caliber ammunition. Deliveries from these orders are expected to be complete by Sept. 30, 2006.

Since being awarded the operating rights to the Lake City Army Ammunition Plant in 1999, ATK has teamed with the U.S. Army to modernize the facility and strengthen the critical U.S. domestic small-caliber ammunition industrial capability. These efforts, combined with ATK’s lean six sigma initiatives, have expanded production capacity at the plant to approximately 1.2 billion rounds annually. Additional investments planned by the Army and ATK are aimed at increasing annual capacity to support the anticipated Department of Defense demand of between 1.5 billion and 1.8 billion rounds by 2006.

ATK is a $2.4 billion advanced weapon and space systems company employing 13,700 people in 23 states. News and information can be found on the Internet at www.atk.com.