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ATK Awarded $16.4 Million in Follow-On Contracts From the U.S. Navy for AAR-47 Missile Warning Systems

ATK is Developing a Next-Generation Missile Warning System with Enhanced Operational Flight Program

ATK Affordable and Innovative Electronic Warfare Product Continues to Meet Emerging Mission Requirements and Demands

MINNEAPOLIS, July 21 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) announced today that the U.S. Navy's Air Systems Command in Patuxent River, Md. has awarded the company $16.4 million in follow-on production orders for the AAR-47 A(V)2 missile warning system, an electronic warfare system designed to protect helicopters and fixed-wing aircraft against surface-to-air missile threats.

ATK is also developing the AAR-47 B(V)2 to meet emerging battlefield threats. It is currently in final testing and will provide aircrews with enhanced threat detection in urban and industrial areas by providing them with background clutter level indications. Existing installed AAR-47 systems will be upgradeable to the B(V)2 variant without any change to the aircraft's A-kit.

"ATK's AAR-47 missile warning system continues to play a critical role in military missions day in and day out around the globe. We take great pride in our ability to respond to current and evolving threats and by providing military aircrews with the protection they require to successfully perform their missions," said Bill Kasting, Vice President and General Manager, ATK Integrated Systems.

ATK missile warning systems have protected the lives of military aircrews in conflicts around the world for over 20 years. To date, ATK has delivered over 3,000 AAR-47 systems to U.S. and allied forces in over 16 countries. ATK's Clearwater, Fla. facility will perform the AAR-47 follow-on work.

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

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: the challenges of developing enhanced missile warning systems, 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.

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