
ATK Receives Additional $104.3 Million in Military Small-Caliber Ammunition Orders
ATK on Track to Deliver 1.4 Billion Military Small-Caliber Rounds in FY09
MINNEAPOLIS, Sept. 9 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK), the largest supplier of ammunition to the United States military, has received an additional $104.3 million in military small-caliber ammunition orders from the U.S. Army Sustainment Command in Rock Island, Ill. Work on the contracts will be performed by ATK, at the Lake City Army Ammunition Plant (LCAAP), in Independence, Mo. ATK began operating the plant in 2000. The company is also under contract with the Army to modernize the facility to increase efficiency and capacity.
LCAAP produces a mix of 5.56mm, 7.62mm, .50-caliber and 20mm cartridges. Working in partnership with the Army, ATK has expanded manufacturing capacity at the plant. The company is on track to deliver 1.4 billion rounds of ammunition in FY09.
ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and approximately $4.6 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: 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: Amanda Covington Steve Wold Phone: 801-779-4625 Phone: 952-351-3056 E-mail: amanda.covington@atk.com E-mail: steve.wold@atk.com
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