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ATK Awarded $20 Million Contract to Supply 30mm Ammunition for U.S. Air Force

Ammunition Complements ATK's Mk44 Cannons on the MC-130W Gunship
ATK is a Leading Supplier of Integrated Medium-Caliber Weapon Systems

Nov 17, 2009

MINNEAPOLIS, Nov. 17 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has received a $20 million contract to provide 30mm PGU-46/B High Explosive Incendiary (HEI) ammunition for the ATK-produced Mk44 30mm cannon on the multi-role, MC-130W Combat Spear gunship, which will support operations in Iraq and Afghanistan. The U.S. Air Force Special Operations Command (SOCOM) Contracting Office at Wright Patterson Air Force Base in Ohio awarded the contract. ATK will produce the ammunition at the company's facilities in Radford, Va. and Rocket Center, W.Va. Deliveries will be complete in December 2010.

"ATK is a global leader in integrated weapon systems that include medium-caliber cannons, ammunition, and electronics and fire control systems," said ATK Armament Systems President Mark DeYoung. "Our mission is delivering affordable and innovative technology to provide enhanced solutions and capabilities to customers worldwide."

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 combat use of PGU-46/B ammunition; 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