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ATK Awarded $90 Million Contract for Trident II Solid Rocket Propulsion Systems

Feb 25, 2009

ATK'S 52-YEAR HISTORY OF SUBMARINE MISSILE PROPULSION EXTENDED THROUGH 2011

MINNEAPOLIS, Feb. 25 /PRNewswire-FirstCall/ -- Alliant Techsystems has received a $90 million contract from Lockheed Martin to produce solid rocket propulsion systems for all three stages of the U.S. Navy's Trident II (D-5) Fleet Ballistic Missile (FBM).

Under terms of the annual contract, ATK will continue to supply Trident solid rocket propulsion systems to the Trident II (D-5) Missile System Prime Contractor, Lockheed Martin Space Systems Company, Sunnyvale, Calif, through 2011. Deployed in 1990, Trident II (D-5) is the only U.S. submarine-launched strategic missile system in production today.

"ATK is pleased to support Lockheed Martin and the U.S. Navy on this critical program and looks forward to continued success on this joint effort," said Blake Larson, president of ATK Space Systems.

ATK is the world's leading supplier of solid rocket motors. It has a 52-year history of producing solid propulsion systems for submarine-launched ballistic missiles, beginning with the Polaris missile and continuing through the Trident II (D-5) FBM. The company's solid rocket portfolio ranges from 3-inch diameter spin motors to the Space Shuttle's Reusable Solid Rocket Motors (RSRM).

ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and $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: assumptions related to the development of rocket motors; 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:
    George Torres                         Steve Wold
    Phone:  801-251-2819                  Phone:  952-351-3056
    E-mail:  george.torres@atk.com        E-mail:  steve.wold@atk.com