
ATK to Provide Mk44 30mm Cannon to Czech Republic
Apr 17, 2006
Minneapolis, April 17, 2006 – Alliant Techsystems (NYSE: ATK) has received a contract valued at approximately $20 million for Mk44 30mm cannon weapon systems that will be mounted on the Czech Republic’s PANDUR II Wheeled Armored Vehicles. The Mk44 will be mounted in the RCWS-30 (Remote Control Weapon System) manufactured by RAFAEL Armament Development Authority Ltd.
The RCWS-30 increases the fighting capability and survivability of armored fighting vehicles. It includes ATK’s 30mm Mk44, a launcher pod for two Rafael SPIKE LR Multi-Purpose-Guided-Missiles, and a coaxial 7.62mm General-Purpose Machine Gun. The Mk44 gun system is a highly reliable weapon with low life-cycle costs that incorporates a simple and user-friendly design to ensure ease of operability.
The Czech Republic Army put the RCWS-30, integrated with the Mk44 30mm weapon system, through a series of rugged tests before determining that it was the choice for their PANDUR II. The test regime included integration capability on both the PANDUR II and Patria Armoured Modular Vehicle (AMV); open-water crossings; test drives on paved and off-road surfaces; and on-loading and off-loading in a C-130 Hercules aircraft. This success is a result of long-term cooperation between RAFAEL and ATK.
ATK’s Mk 44 30mm weapon system is already the choice of nearly 2,000 land vehicles, aircraft, and ship-board weapon systems for the United States and allied nations including Finland, Norway, Poland, Singapore, Switzerland, and the United Kingdom. "The MK44 cannon is the international standard for ground and naval platforms," said Jed Holzapfel, ATK Vice President, International Business Development. "In partnership with Rafael and others, we look forward to providing ATK’s entire family of Chain Gun® weapon systems to our allies around the world."
ATK is a $3.3 billion advanced weapon and space systems company employing approximately 15,000 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 the Czech Republic’s military budget; 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.
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