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ATK Receives Contract in Excess of $10 Million for Chaparral Rocket Motors

$10 Million Follow-On Contract Possible

MINNEAPOLIS, Feb. 26 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) received a production contract in excess of $10 million to manufacture solid propellant rocket motors for the Chaparral surface-to-air missile system. The contract was awarded to ATK by Madison Research, Huntsville, Alabama. There is potential for a follow-on contract worth an additional $10 million that could be awarded in AFY 2008. Production of the new Chaparral motors is expected to begin in April 2007 with deliveries planned for December 2007. Work on the contract will be performed at ATK's facilities in Rocket Center, West Virginia.

ATK is a $3.5 billion advanced weapon and space systems company employing approximately 15,500 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:
Bryce Hallowell
Phone: 952-351-3087
E-mail: bryce.hallowell@atk.com

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

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