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ATK Receives $29 Million Options for Precision Fuze

ATK's Fuze Plays Critical Role in Precision Detonation of Air-dropped Ordnance for U.S. Air Force, Naval and Marine Aircraft *Fuze Production Signifies Successful Consolidation of All Fuze Operations into West Virginia

Nov 1, 2005

Minneapolis, November 1, 2005 – Alliant Techsystems (NYSE: ATK) has received two modifications to a contract valued at a total of $29 million for additional production of DSU-33C/B precision proximity sensors. The DSU-33C/B detonates precision weapons such as the Joint Direct Attack Munition (JDAM) and other air-delivered ordnance.

The first option was for U.S. Navy requirements valued at $14.5 million. The second option was for U.S. Air Force requirements also valued at $14.5 million.

DSU-33C/B production will occur at ATK’s manufacturing center of excellence, located at Rocket Center, West Virginia. Production for this contract begins in October 2005, with deliveries scheduled through September 2007.

This will be the first production of the DSU-33C/B in the new electronics assembly and integration facility after the company successfully consolidated all fuze operations into West Virginia. The DSU-33C/B, FMU-139C/B, M782, M74, as well as the recently awarded M-228 practice grenade fuze have all helped to firmly establish ATK as an industry leader in fuze production.

The DSU-33C/B proximity sensor is an all-weather, battery-operated sensor that initiates detonation above the ground, increasing the effectiveness of air-delivered ordnance. The sensor design allows tactical fighter aircraft flown by the U.S. Air Force, U.S. Navy, U.S. Marine Corps, and allied forces to deliver ordnance from both low and high altitudes.

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 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 Annual Reports on Form 10-K for the fiscal year ended March 31, 2005.