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ATK Awarded $14.4 Million Contract to Modify and Deliver Three Medevac Aircraft to the Colombian Air Force

Mar 03, 2009

Contract Expands ATK's Special Mission Aircraft International Portfolio

Aircraft Scheduled for Delivery by April 2009

MINNEAPOLIS, March 3 /PRNewswire-FirstCall/ -- Alliant Techsystems announced today that it has been awarded a $14.4 million contract by the Colombian Air Force to modify and deliver three Medevac-capable aircraft to Colombia's Health and Social Services Ministry. The Ministry will use the aircraft for emergency medical evacuations of both civilian and military personnel.

The three planes, one King Air 350 and two Cessna 208B Grand Caravans, are scheduled for delivery to Colombia by April 2009. They will be modified by ATK at its Special Mission Aircraft facility in Fort Worth, Texas.

"ATK is expanding its special mission aircraft business by delivering affordable solutions to a growing international customer set," said Bill Kasting, Vice President and General Manager of ATK Integrated Systems, headquartered in Woodland Hills, Calif. "Our facilities are capable of quickly turning a wide variety of commercial aircraft into special mission aircraft that support intelligence, surveillance and reconnaissance missions, as well as medical evacuation missions for customers that need advanced capabilities at an affordable price."

ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and approximately $4.5 billion in revenue. News and information can be found on the Internet at 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: the rapid fielding of advanced special mission aircraft, 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:
    Tom Van Leunen                      Jeff Huebschen
    Phone:  703-412-3218                Phone:  952-351-2929
    E-mail:  thomas.vanleunen@atk.com   E-mail:  jeff.huebschen@atk.com