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ATK Awarded Rocket Motor Technologies Development Contract for Next Generation Air-to-Air Missiles

MINNEAPOLIS, Oct. 29 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has been awarded a research and development contract for the Counter Air / Future Naval Capabilities (CA/FNC) program to develop technologies that can be incorporated into next generation air-to-air missile systems. The nearly $10-million contract was issued by the Naval Air Warfare Center Weapons Division, China Lake, California. ATK will work in concert with NAWCWD to identify specific propulsion technologies to develop for integration into future missile systems. The work is expected to be completed by June 2013.

The scope of the CA/FNC program is to develop technologies that will extend missile range, decrease time-to-target, improve end-game maneuverability, and improve the rocket motor's response to insensitive munitions (IM) stimuli. These improvements are oriented towards the 7-inch diameter Advanced Medium Range Air-to-Air Missile (AMRAAM) that is currently in use by the U.S. Navy, U.S. Air Force, and many allied nations, but will be applicable to other air-to-air missile systems.

There are four main areas that ATK will be concentrating their development efforts on which include: high burn rate propellants for improved kinematics; improving case stiffness for reduced weight and agility; low erosion nozzles for improved performance; and multi-pulse propulsion for end-game maneuverability. Additionally, ATK will address the IM requirement by incorporating affordable solutions including an advanced propellant formulation, a low cost composite case, and mitigation safety devices proven on other tactical rocket motor programs.

"By drawing on our heritage rocket motor experience, proven service life of fielded propulsion systems, and incorporating unique technologies, ATK will develop a robust, affordable propulsion system to meet current and future counter air targets with the potential to influence all future air-launched missiles. ATK's proven leadership in the development of advanced propellants, IM solutions, and pulse motors will pay benefits in developing this improved propulsion system for the U.S. Navy," said Bart Olson, Vice President and General Manager of ATK's Tactical Propulsion and Controls Division.

ATK is the sole source rocket motor supplier for all currently fielded U.S. air-to-air missile systems that include the AMRAAM and AIM-9X. The technologies developed under this contract will ensure ATK maintains its leadership role in providing rocket motors for next generation air-to-air missiles.

ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. 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: 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:

    Rod Gibbons                    Jeff Huebschen
    Phone:  410-864-4932           Phone:  952-351-2929
    E-mail:  rod.gibbons@atk.com   E-mail:  jeff.huebschen@atk.com

SOURCE ATK

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