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ATK Receives Contract in Excess of $5 Million for Additional Maverick Missile Work

Rocket Motors and Warheads to be Produced for Poland and South Korea

Dec 27, 2004

Minneapolis, December 27, 2004 – Alliant Techsystems (NYSE: ATK) has received a contract worth approximately $5 million to provide rocket motors and heavy warheads for the Raytheon (NYSE: RTN) Maverick air-to-surface missile system. Rocket motors and warheads will be delivered to Raytheon in early 2006. The missiles are approved for Foreign Military Sale and will be delivered to the armed forces of Poland and South Korea.

ATK provides all rocket motors and heavy warheads for the Maverick missile, the precision strike missile of choice for the U.S. Air Force, Marines and Navy, as well as 27 international customers. The award strengthens the company’s position as a leading provider of rocket motors and warheads for the U.S. military and its allies.

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.

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 foreign 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.