ATK Awarded $13 Million Space Shuttle Booster Separation Motor Contract

News Release

ATK Awarded $13 Million Space Shuttle Booster Separation Motor Contract

ATK to Produce Motors at its Promontory, Utah Facility


Minneapolis, Oct. 30, 2003 - ATK (Alliant Techsystems, NYSE: ATK) has been
awarded a $13 million contract that expands its presence on future Space
Shuttle missions. Under the contract awarded by the United Space Alliance
(USA), ATK will begin a 28-month development and qualification program to
build and deliver Booster Separation Motors (BSM) for the Space Shuttle
program. ATK already builds the Reusable Solid Rocket Motors (RSRM) for the
Space Shuttle.

Mike Kahn, vice president, Space Programs, said ATK will manufacture the
BSMs at its facility in Promontory, Utah, where the RSRMs are produced.

"ATK's state-of-the art facilities and our demonstrated rocket motor
expertise allow us to modernize and improve the BSM design while ensuring a
reliable production base for future Space Shuttle missions," said Kahn.

The contract qualifies ATK as an alternative supplier for BSM motors that
separate the boosters from the Shuttle's liquid fuel tank after the RSRMs
complete their two-minute burn. Eight BSMs are attached to each booster.
There are four on the nose cone and four on the aft-skirt.

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 12,200 people and has three business groups:
Precision Systems, Aerospace, and Ammunition and Related Products. ATK news
and information can be found on the Internet at www.atk.com.

Certain information discussed in this press release regarding ATK's ability
to improve the BSM design and ensure a reliable production base for future
Space Shuttle missions may constitute 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 a unforeseen
delays in NASA's Space Shuttle and other programs, changes in governmental
spending and budgetary policies, economic conditions, equity market returns,
the company's competitive environment, the timing of awards and contracts,
the outcome of contingencies, including litigation and environmental
remediation, 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 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.



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Jacques :-)

Editor: www.spacepatches.info