• Military Menu                       

• Introduction
• Systems
• Facilities
• Agencies
• Industry
• Operations
• Countries
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• WMD
• Intelligence
• Homeland Security
• Space

ATK Receives $29 Million in Medium Caliber Ammunition Orders

CONTRACT VALUE COULD EXCEED $87 MILLION
ATK TO ACHIEVE 100 MILLIONTH ROUND PRODUCTION MILESTONE

MINNEAPOLIS, Oct. 9 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has received $29 million in orders for 30mm PGU-15A/B target practice rounds and 25mm PGU-25 high explosive incendiary rounds from the U.S. Army Sustainment Command, Rock Island Arsenal, IL. The contract value could exceed $87 million if follow-on options are exercised.

"ATK is proud to be the U.S. Air Force's primary supplier of PGU-15 ammunition and this contract will result in ATK delivering our 100 millionth round in support of the A-10 aircraft" said Mark DeYoung, ATK's Ammunition Systems Group President. "This award, which also includes PGU-25 ammunition, supports the stability and growth of our medium caliber ammunition business and validates our focus on execution excellence and creating a Medium Caliber Systems Division dedicated to delivering high quality products, outstanding value, great customer service, and innovative system solutions."

PGU-15A/B training ammunition is designed to simulate the tactical PGU-13/B and PGU-14A/B rounds that the A-10 close air support aircraft carries into battle, but at a lower cost. PGU-25 rounds are tactical ammunition used principally on the AC130 Gunship and the AV-8/B Harrier. The work will be performed at ATK facilities in Arizona, Idaho, Virginia and West Virginia.

ATK is a $4.0 billion advanced weapon and space systems company employing approximately 16,500 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:                           Investor Contact:

  Brian Grace                              Steve Wold
  Phone:  952-351-5574                     Phone:  952-351-3056
  E-mail:  brian.grace@atk.com             E-mail:  steve.wold@atk.com