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ATK Withdraws Small-caliber Ammunition Protest

ATK and the U.S. Army on Track to Develop 1.5 Billion Round Capacity at Lake City

Oct 28, 2005

Minneapolis, October 28, 2005 – Alliant Techsystems (NYSE: ATK) is withdrawing its protest of an award to General Dynamics (NYSE: GD) for second source small-caliber ammunition. The decision to withdraw comes after a series of meetings with U.S. Army officials to gain a more complete understanding of all the factors that influenced the decision.

ATK looks forward to working with the Army in support of the nation’s warfighters and continues to focus on efficiently modernizing the Lake City Army Ammunition Plant in support of the Army’s desire that the facility increase capacity to 1.5 billion rounds annually by March 2006. Execution of the Army’s modernization program at Lake City will ensure the timely delivery of high-quality small-caliber ammunition and the ability to support increased demand.

"The U.S. Army believes ATK is a long-term partner in their strategy to procure small-caliber ammunition. Our strengths include our ability to deliver quality ammunition at very competitive prices, modernize the Government’s manufacturing capability, and advance the science and technical understanding of both ammunition development and production," said Mark DeYoung, President, ATK Ammunition Group. "Toward that end, we are actively engaged with the Army on executing their long-term acquisition strategy."

The Army’s "1-2-3-4 acquisition strategy" creates a path to acquiring as much as 2.0 billion rounds of small-caliber ammunition annually. The first 1.2 billion rounds of ammunition each year will come from ATK Lake City, followed by an additional 300 million rounds from a second source. The next 300 million rounds increment each year will again come from ATK Lake City and, if the Army needs an additional 200 million rounds, it will be provided by ATK and/or the second source. "This strategy clearly places a priority on procuring ammunition from ATK," said DeYoung.

ATK is a $3.1 billion advanced weapon and space systems company employing approximately 14,500 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 acquisition strategy and governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. 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 ATK’s Annual Report on Form 10-K for the fiscal year ended March 31, 2005.