• Military Menu                       

• Introduction
• Systems
• Facilities
• Agencies
• Industry
• Operations
• Countries
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• WMD
• Intelligence
• Homeland Security
• Space

ATK Awarded $86 Million Contract to Produce LW30mm M789 HEDP

LW30mm Provides Firepower for Apache Helicopters
ATK Integrated Weapon Systems a World Leader in Medium Caliber-Systems

Aug 03, 2009

MINNEAPOLIS, Aug. 3 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has been awarded an $86 million, base with option, contract to provide lightweight (LW) 30mm M789 High Explosive Dual Purpose (HEDP) tactical ammunition for the AH-64D Apache attack helicopter. The U.S. Army Contracting Command, Rock Island Contracting Center, Rock Island, Ill., awarded the contract. Production will begin in December 2009 at the company's facilities in Elk River, MN, Radford, Va., and Rocket Center, W.Va.

ATK produces more than eight million rounds of medium-caliber ammunition per year, including the revolutionary air-bursting rounds it developed for the U.S. Navy and Marine Corps, and a complete suite of ammunition for ATK's new LW 25mm chain gun. The company is a world leader in integrated medium-caliber systems that include medium-caliber cannons, ammunition and electronics and fire control, delivering affordable and innovative technology to meet the emerging needs and requirements of our customers.

ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues in excess of $4.7 billion. 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: assumptions related to exercising all options in the LW30mm contract; 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                          Jeff Huebschen
    Phone:  801-779-4625                      Phone:  952-351-2929
    E-mail:  amanda.covington@atk.com         E-mail:  jeff.huebschen@atk.com