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ATK Wins $10 Million Contract to Supply Phalanx with Improved Ammunition

With Options, Contract Could Be Valued at More Than $23 Million *ATK Enhanced Lethality Cartridge Gives Phalanx More Stopping Power

Aug 15, 2005

Minneapolis, August 15, 2005 – Alliant Techsystems (NYSE: ATK) has received a $10 million contract from the U.S. Navy Naval Surface Warfare Center to supply 20mm Mk244 Enhanced Lethality Cartridges (ELC) to Block 1B upgraded Phalanx systems. With options, the contract has a potential total value of $23 million. The U.S. Navy uses the Phalanx close-in weapon system to defend the fleet against enemy missile attacks. This is the first application for ATK’s newest 20mm round, which provides more stopping power than any 20mm round the company has ever produced.

The Phalanx contract expands ATK’s portfolio of 20mm medium-caliber ammunition solutions. The round uses a heavier tungsten core capable of putting more kinetic energy on target. With more energy on target, the Phalanx system is better equipped to handle high-speed missiles and other threats to the fleet.

ATK supplies a complete family of medium-caliber training and tactical ammunition that meets today's requirements and serves as the cornerstone for tomorrow's Future Combat Systems. In addition to the Phalanx system, ATK supplies medium-caliber ammunition for Apache helicopters, A-10 Thunderbolt II aircraft, and Bradley infantry fighting vehicles. Due to outstanding reliability, accuracy, and lethality, the company’s 20mm, 25mm, and 30mm rounds are effective in anti-armor, anti-materiel, antipersonnel, ground suppression, air defense, and shipboard defense roles.

ATK is a $3.1 billion advanced weapon and space systems company employing approximately 14,000 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 governmental spending and budgetary policies, the company's competitive environment, the timing of awards and contracts, 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.