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ATK and FN Herstal SA Announce Cooperative Agreements

Partnership Synergizes Capabilities to Provide Integrated Solutions

MINNEAPOLIS, Oct. 8 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) and FN Herstal (FNH) of Belgium announced today they have entered into cooperative agreements that strengthen their respective capabilities and proven expertise as designers, developers, producers and suppliers of small caliber weapons, ammunition, ammunition components and tactical accessories.

These agreements team together the world's largest ammunition manufacturing entity and technology leader with one of the world's leading suppliers of small arms. The agreements allow both companies the ability to provide integrated solutions to military, law enforcement and commercial customers to ensure mission success. The weapon system competency across the two companies is diverse, and will promote credibility, while improving the performance and reliability of future system offerings.

The first of these agreements resulted in the recent $53.4 million systems contract ATK and FNM, LLC won for the manufacture and delivery of Mk19 Mod-3 Grenade Machine Guns to the U.S. Army Joint Munitions and Lethality Life Cycle Management Command, Picatinny Arsenal.

ATK has also been tasked through the Naval Surface Warfare Center, Crane Detachment to develop 5.56mm and 7.62mm ammunition for U.S. Special Operations for use with rifle platforms to include the SCAR system developed by FN.

ATK and FNH USA, LLC have also entered into a distribution agreement covering FN's 5.7 x 28 mm SS 197 commercial ammunition for the U.S. market.

FN Herstal is part of The Herstal Group that is world renowned for the quality of its small arms, many of which are used by U.S. and Allied Armed Forces around the world. The Herstal Group designs, manufactures and distributes a full range of firearms for defense, law enforcement, hunting and marksmanship.

ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and approximately $4.6 billion in revenue. It is the world's largest ammunition manufacturing entity, supplying products to the military, hunting, shooting sports, homeland security, and law enforcement markets worldwide. 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: assumptions related to the benefit the strategic cooperative agreement will provide both companies; 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