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ATK Awarded $12.5M Contract for Former Peacekeeper Rocket Motor Aging Surveillance Program

Options Could Boost Five-Year IDIQ Contract Value to $34.8M

MINNEAPOLIS, Oct. 4 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has received a $12.5 million contract from the U.S. Air Force to provide aging surveillance support for the Stage I, II and III rocket motors of the former Peacekeeper (PK) intercontinental ballistic missile system.

Under the terms of the five-year, indefinite delivery/indefinite quantity (IDIQ) contract, ATK Launch Systems will conduct testing and provide engineering services for SR118, SR119 and SR120 (formerly PK stages 1, 2 and 3). If all contract options and special studies are exercised, the rocket motor aging surveillance contract value could reach $34.3 million.

The contract supports the Rocket System Launch Program of the Space Development & Test Wing, Kirtland AFB, NM, which reports to the Space and Missile Center, Los Angeles AFB, CA.

ATK will provide engineering services to ensure excess assets are safe for storage and handling, and that cost-effective solutions to aging issues are developed and implemented in a timely manner. ATK will also provide data necessary to verify that the assets are ready for flight.

The Air Force achieved full operational capability for the Peacekeeper ICBM system in December 1988 with the acceptance of the fiftieth PK missile at F.E. Warren Air Force Base, Wyo. The Air Force officially deactivated the PK weapons system in September 2005 in compliance with the Strategic Arms Reduction Treaty (START II).

ATK is a $3.4-billion advanced weapon and space systems company employing approximately 15,000 people in 22 states. 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 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, reference should be made to ATK's filings with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, current reports on Form 8-K, and ATK's Annual Report on Form 10-K for the fiscal year ended March 31, 2005.

  Media Contact:                        Investor Contact:

  George Torres                         Steve Wold
  Phone:  801-251-2819                  Phone:  952-351-3056
  E-mail:  george.torres@atk.com        E-mail:  steve.wold@atk.com

SOURCE: ATK

CONTACT: Media, George Torres, +1-801-251-2819, george.torres@atk.com ,
or Investors, Steve Wold, +1-952-351-3056, steve.wold@atk.com , both of ATK