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ATK Reaches Production Milestone in Small-Caliber Ammunition

ATK Reaches Production Milestone in Small-Caliber Ammunition

Apr 12, 2005

Minneapolis, April 12, 2005 – Alliant Techsystems (NYSE: ATK) achieved a significant production milestone in small-caliber ammunition by delivering 1.2 billion rounds to the U.S. Army in its Fiscal Year 2005, which ended on March 31. ATK operates the U.S. Army’s Lake City small-caliber ammunition plant in Independence, Mo., where it produces a mix of 5.56mm, 7.62mm, 50-caliber and various other small-caliber rounds.

Since winning the contract to produce small-caliber ammunition in April 2000, ATK has steadily increased production from 350 million rounds to 1.2 billion rounds. The company is working aggressively to further increase capacity. Under ATK’s leadership, the Lake City plant has embarked on an aggressive Six-Sigma management effort to increase production levels. At the same time, ATK and the U.S. Army have invested the resources necessary to provide U.S. armed forces with the small-caliber ammunition they need to successfully train and fight the global war on terrorism.

The expansion and modernization initiatives currently underway at Lake City are designed to further increase production capacity to approximately 1.5 billion rounds annually within the next twelve months.

ATK is a $2.4 billion advanced weapon and space systems company employing approximately 14,000 people in 23 states. 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: meeting current earnings guidance, changes in governmental spending and budgetary policies, economic conditions, equity market returns, the company's competitive environment, the timing of awards and contracts, program performance, and sales projections. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and the 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 annual reports on Form 10-K.