ATK Awarded Contracts Totaling $71.5 Million for Trident II D5 Missile Propulsion Systems
Dec 3, 2003
MINNEAPOLIS, Dec. 3 /PRNewswire-FirstCall/ -- ATK (Alliant Techsystems) (NYSE:ATK) said it has been awarded contracts with a total value of $71.5 million from Lockheed Martin Space Systems Company - Sunnyvale, Calif. to produce solid propulsion systems for all three stages of the U.S. Navy's Trident II D5 Fleet Ballistic Missile (FBM).
Under these contracts, ATK Thiokol Propulsion, Promontory, Utah, will continue production of Trident II D5 propulsion systems through 2007. Work will be performed at the company's manufacturing facilities in Promontory, Clearfield, and Magna, Utah.
Trident II D5 is the only U.S. submarine-launched strategic ballistic missile system in production today.
ATK is the world's leading supplier of solid rocket motors, with products that range from 3-inch diameter spin motors to the Space Shuttle's Reusable Solid Rocket Motors (RSRM), which measure 12 feet in diameter. The company is also a leading manufacturer of composite structures for space launch vehicles, satellites, spacecraft, and commercial and military aircraft.
ATK is a $2.2 billion aerospace and defense company with strong positions in propulsion, composite structures, munitions, precision capabilities, and civil and sporting ammunition. The company, which is headquartered in Edina, Minn., employs approximately 12,500 people and has three business groups: Precision Systems, Aerospace, and Ammunition and Related Products. ATK news and information can be found at http://www.atk.com/
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Source: Alliant Techsystems
CONTACT: Media, Bryce Hallowell, +1-952-351-3087,
bryce.hallowell@atk.com, or Investors, Steve Wold, +1-952-351-3056,
steve_wold@atk.com, both of ATK
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