ATK Receives $52.2 Million to Modernize the Lake City Army Ammunition Plant

ATK Continues to Execute a Multi-Year Modernization Program

MINNEAPOLIS, Jan. 30 /PRNewswire-FirstCall/ -- Alliant Techsystems
(NYSE: ATK), the largest supplier of small-caliber ammunition to the United
States military, has received an additional $52.2 million in funding to
modernize and enhance manufacturing capability for the production of
ammunition. The contract was issued by the U.S. Army Sustainment Command, Rock
Island, Ill.
Working in partnership with the Army, ATK has modernized equipment,
production lines and facilities dating to the 1940s and 1970s and increased
the plant's production from 400 million rounds in 2000 to 1.4 billion in 2007.
This ongoing modernization effort will ensure that Lake City remains a
dependable source of more affordable, reliable, high quality ammunition for
decades to come.
The Lake City Army Ammunition Plant is located in Independence, Missouri.
It was originally constructed in 1941 by the U.S. Government as one of several
government-owned ammunition plants. The plant is the nation's primary
production source for small-caliber rifle ammunition. At this plant, ATK
produces a mix of 5.56mm, 7.62mm, .50-caliber and 20mm cartridges. Currently,
1.4 billion cartridges are produced per year with the capability to provide up
to 1.6 billion rounds should that capacity be needed.
ATK is an advanced weapon and space systems company with annual revenues
in excess of $4.1 billion that employs approximately 17,000 people in 21
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, 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:

Brian Grace Steve Wold
Phone: 952-351-5574 Phone: 952-351-3056
E-mail: brian.grace@atk.com E-mail: steve.wold@atk.com

SOURCE ATK

media, Brian Grace, +1-952-351-5574, brian.grace@atk.com, or investors, Steve
Wold, +1-952-351-3056, steve.wold@atk.com, both of ATK