ATK Awarded $134 M Option for Minuteman III PRP

Contract for Seventh Option Extends Program Through August 2009

(Minneapolis, April 15, 2008) -- Alliant Techsystems (NYSE: ATK) has received a contract option worth $134 million from Northrop Grumman Corporation (NYSE: NOC) to refurbish components and replace propellant on Minuteman III Stage 1, 2 and 3 rocket motors. This award is the seventh full-rate production option under the ICBM Propulsion Replacement Program.

The option is for 50 motor sets and will extend the program through August 2009.

The Minuteman III Propulsion Replacement Program (PRP) began in 1998 as a Joint Venture between ATK and Pratt & Whitney. All work content was transitioned to ATK in the 2003-2004 timeframe following a contract restructure. Most of the work on the contract will be performed at the company's facilities in Utah.

"ATK has worked closely with Northrop Grumman and the U.S. Air Force to successfully maintain a steady rate of production since the transition of the program. We're proud to support this vital program and look forward to performing this work in the years ahead," said Ron Dittemore, President of ATK Launch Systems Group.

Source : Alliant Techsystems (ATK)

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