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ATK Receives $330 Million in Orders for Small-Caliber Ammunition and the Modernization of the Lake City Army Ammunition Plant

ATK Will Produce 1.4 Billion Rounds in FY07
ATK Has Increased Military Small-Caliber Capacity to 1.6 Billion Rounds

MINNEAPOLIS, Jan. 30 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK), the largest supplier of small-caliber ammunition to the United States military, has received an additional $284 million in orders for the production of small-caliber ammunition. In addition the company has received $46 million for plant modernization. These contracts were issued by the U.S. Army Sustainment Command, Rock Island, Ill.

ATK operates the U.S. Army's Lake City ammunition plant in Independence, Mo., where it produces a mix of 5.56mm, 7.62mm, .50-caliber and 20mm cartridges. ATK currently produces 1.4 billion rounds of small caliber ammunition per year at the plant, with capability to provide up to 1.6 billion rounds should that capacity be needed.

"ATK's top priority at Lake City is to make sure that the men and women of the United States armed forces have the ammunition they need to continue to defend this nation and its allies," said Mark DeYoung, President ATK Ammunition Systems Group. "ATK's modernization and capacity improvement initiatives will ensure that those needs are met for decades to come."

ATK is a $3.4 billion advanced weapon and space systems company employing approximately 15,000 people in 21 states. News and information can be found on the Internet at http://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, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.

Media Contact:
Brian Grace
Phone: 952-351-5574
E-mail: brian.grace@atk.com

Investor Contact:
Steve Wold
Phone: 952-351-3056
E-mail: steve.wold@atk.com