UNITED24 - Make a charitable donation in support of Ukraine!

Military

ATK Awarded $21 Million Contract to Supply Non-Standard Weapons for Security Forces in Afghanistan

ATK Strategically Expands Market Share in Global Non-Standard Weapon Systems
ATK Rapidly Deploying Needed Arms and Ammunition to Afghan Security Forces

Nov 11, 2009

MINNEAPOLIS, Nov. 11 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has been awarded a $21 million contract by the U.S. Army Aberdeen Contracting Center at Aberdeen Proving Grounds, MD, to supply various types of non-standard (non-NATO) weapon systems for the security forces of Afghanistan. The contract runs through fall 2010, and represents ATK's successful expansion into the supply of non-standard small-caliber and crew-served weapon systems. This is ATK's third contract from the U.S. Army to supply non-standard products to the security forces of Afghanistan. ATK's Small Caliber Systems division in Independence, Mo., will bring to bear its production, quality, and supply chain management capabilities to qualify and integrate a team of proven international manufacturers, primarily from Eastern Europe, for the on-time delivery to the Afghan security forces of quality, non-standard infantry weapon systems.

"ATK successfully demonstrated its technical and international supply chain management capabilities under its first non-standard ammunition contract for Afghanistan in early 2009," said Mark DeYoung, ATK Senior Vice President and President Armament Systems. "This initial contract was successfully completed with quality munitions delivered into Afghanistan on schedule and on budget. As part of an ongoing, aggressive international outreach strategy, we continue to build on that success, expanding our global presence and rapidly delivering quality armament systems solutions and the best value for 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 of approximately $4.8 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 the procurement and delivery of non-standard weapons; 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



NEWSLETTER
Join the GlobalSecurity.org mailing list