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ATK Receives $88.5 Million in New Medium-Caliber Gun and Ammunition Orders

Orders Include a Mix of Domestic and International Customers
Expanded Portfolio of Medium-Caliber Gun Systems now Includes the Mk19 Grenade Machine Gun

MINNEAPOLIS, Nov. 4 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has received a total of $88.5 million in new medium-caliber gun and ammunition orders. These orders are in addition to the previously announced $53 million contract to produce Mk19 Mod-3 Grenade Machine Guns. The orders were received from a variety of domestic and international customers.

ATK's Mesa, Arizona facility will manufacture the guns, which include the Mk44 and M242 Bushmaster chain guns, as well as the Mk19. The Mk19 contract significantly expands ATK's portfolio of gun systems. The company will produce the medium-caliber ammunition, including 20mm, 25mm, and 30mm cartridges, at its facilities in Lake City, Missouri, and Radford, Virginia.

ATK is the world's leader in medium-caliber systems, offering innovative chain gun technology and a suite of medium-caliber ammunition, including air bursting capabilities. The company currently manufactures 25mm through 40mm variants of its Bushmaster cannons and more than eight million rounds of medium-caliber ammunition per year. The cannons are sold in more than 30 countries and are the primary gun on the U.S. Army's Bradley Fighting Vehicle and Apache helicopter. The weapons systems ATK provides to its customer base offer affordable survivability solutions to meet their needs.

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 domestic and international 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