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ATK Receives $97 Million in Tank Ammunition Orders

With Options, Production Value Could Exceed $300 Million
ATK to Provide U.S. Army with 120mm Tactical and Training Rounds, and 105mm Stryker Training Rounds
ATK Produces Complete Family of Tactical and Training Rounds for Main Battle Tanks

MINNEAPOLIS, June 16 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) announced today that it has received $97 million in follow-on production and new contracts for tactical and training tank ammunition from the U.S. Army. If all production options are exercised, the total value of the contracts could exceed $300 million.

The U.S. Army awarded ATK a four-year contract, with a potential value in excess of $200 million, to continue production of the 120mm training ammunition used by the M1A1/A2 Abrams main battle tank. Under terms of the contract, ATK will also provide logistics support for the ammunition. The first order is valued at approximately $48 million and deliveries will begin in February 2009. ATK also received a follow-on contract, worth approximately $44 million, to continue production of the 120mm M829A3 tank round, the most advanced armor piercing, kinetic energy tank cartridge in the U.S. arsenal. Finally, the company received a $5 million order to produce the 105mm M467A1 training round used by the Stryker Brigade Mobile Gun System vehicle.

Since 1980, ATK has delivered more than four million rounds of 120mm tank training ammunition to the U.S. Army, U.S. Marine Corps, and NATO allies. Propellants for ATK's tank ammunition are produced at the Radford Army Ammunition plant, Radford, Virginia. The rounds are assembled at ATK's manufacturing center of excellence in Rocket Center, West Virginia. Program management is headquartered in ATK's Plymouth, Minnesota facility.

"ATK is pleased to continue its partnership with the U.S. Army to provide high quality tank ammunition and training rounds," said Dave Wise, Vice President of ATK Advanced Weapons. "A trained and ready military is essential to the defense of our nation and ATK employees take great pride in assisting the mission."

ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and $4.5 billion in revenue. 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: uncertainties that the U.S. Army will exercise all options of the contracts; 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:
   Tracy Imm                              Steve Wold
   Phone:  410-864-4824                   Phone:  952-351-3056
   E-mail:  tracy.imm@atk.com             E-mail:  steve.wold@atk.com