Showing posts with label Alliant Techsystems ATK. Show all posts
Showing posts with label Alliant Techsystems ATK. Show all posts

Monday, May 10, 2010

ATK Receives New Order for Modular Lightweight Load-Carrying Equipment (MOLLE II) Kits

atk

Order Supports ATK's Growth Strategy into the Expanding Security Marke

Defense News:
MINNEAPOLIS, May 10 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE:ATK - News) announced today that its Eagle Industries, Unlimited subsidiary has received a delivery order from the U.S. Army to produce Modular Lightweight Load-Carrying Equipment (MOLLE II) kits in a new camouflage pattern, that the Army chose specifically for the Afghanistan conflict. Eagle will begin delivery of the MOLLE II equipment kits by the end of August, 2010 to support the U.S. Army's operational needs inAfghanistan.

In response to the U.S. Army's approved plan to field all U.S. Soldiers deployed in Afghanistan with new equipment and uniforms in MultiCam®, Eagle Industries immediately began preparing its supply chain and production lines to support the Army's efforts. Eagle Industries has produced MOLLE equipment kits for the Army since 2007 and has produced a wide variety of survivability systems in the MultiCam® pattern for military and commercial customers for over four years. The MultiCam® pattern was designed by Crye Precision to increase concealment capability across multiple environments.

"MOLLE kits are a core part of our growing security business," said Ron Johnson, President of ATK's Security and Sporting group. "The Army's decision to outfit all of its Soldiers in Afghanistan with this new camouflage pattern presents a new opportunity for ATK as we build-out our security portfolio, which now includes the recent acquisition of the Blackhawk Products Group."

Eagle Industries is a leader in the production of top-quality individual equipment systems for military personnel, law enforcement professionals and first responders. Several highly adaptable, combat proven and durable personal protective systems and components are distributed by Eagle Industries, a wholly owned subsidiary of Alliant Techsystems (NYSE:ATK - News).

ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues in excess of $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: assumptions related to the growth expectations of the security market; 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:





Bryce Hallowell

Jeff Huebschen

Phone: 952-351-3087

Phone: 952-351-2929

E-mail: bryce.hallowell@atk.com

E-mail: jeff.huebschen@atk.com


Related Headlines

Monday, April 19, 2010

ATK Will Webcast Conference Call on its Fourth Quarter Fiscal Year 2010 Financial Results

atk
Defense News:
MINNEAPOLIS, April 19 /PRNewswire-FirstCall/ -- ATK (Alliant Techsystems, NYSE: ATK) will webcast its investor conference call on fiscal year 2010 fourth quarter financial results, which will be announced May 6, prior to the opening of the market. In addition to discussion of the quarterly results, the Company may discuss its outlook and financial guidance for future periods during the call. Conference call details are as follows:

This call is being webcast by CCBN and can be accessed at ATK's web site at www.atk.com, Investor Relations; Investor Information; Webcasts. Information about downloading Windows Media Player software, which is required to access the webcast, will be available on the website.


When:

10:00 a.m. Eastern Time, Thursday, May 6, 2010.



Who:

Mark DeYoung, President and Chief Executive Officer


John Shroyer, Senior Vice President and Chief Financial Officer


Jeff Huebschen, Director Investor Relations




Telephone recording: For those who cannot participate in the live webcast, a telephone recording of the conference call will be available. The telephone number is 719-457-0820, and the confirmation code is 5524489. The recording will be available for one month after the call.

Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

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 these factors are: assumptions related to the Ares I and Ares V programs for NASA; changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; risks inherent in the development and manufacture of advanced technology; increases in commodity costs, energy prices, and production costs; the terms and timing of awards and contracts; program performance; program terminations; changes in cost estimates related to relocation of facilities; the outcome of contingencies, including litigation and environmental remediation; actual pension asset returns and assumptions regarding future returns, discount rates and service costs; capital market volatility and corresponding assumptions related to the company's shares outstanding; the availability of capital market financing; changes to accounting standards; changes in tax rules or pronouncements; economic conditions; and the company's capital deployment strategy, including debt repayment, share repurchases, pension funding, mergers and acquisitions and any integration thereof. 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.

Contact Information:


Bryce Hallowell (Media)

Jeff Huebschen (Investor Relations)

Phone: 952-351-3087

Phone: 952-351-2929

E-mail:

E-mail:

bryce.hallowell@atk.com

jeff.huebschen@atk.com


Friday, March 26, 2010

Space firms relaunch commercial rocket program



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*Venture driven by demand for small satellites

* Boosters seen supporting up to two launches per year

By Irene Klotz


Defense News: CAPE CANAVERAL, Fla., March 25 (Reuters) - Lockheed Martin (LMT.N) and Alliant Techsystems Inc (ATK.N) said on Thursday they were teaming up to build and sell a booster rocket known as Athena, hoping to tap into a growing market for small satellites.

The joint venture restructures and re-introduces for commercial sale a booster that flew seven times between 1995 and 2001 with five successful missions, including putting NASA's Lunar Prospector spacecraft into orbit around the moon.

Athena program manager Al Simpson said a declining market for small satellites had prompted Lockheed Martin to mothball production a decade ago.

Now, new demand for small satellite launch services coming from the Department of Defense and NASA make the Athena economically viable, with an estimated launch rate of one- to two missions per year, Simpson said.

The company plans to offer two versions of the rocket. Athena 1 will carry about 1,540 pounds (700 kg) to an orbit 100 nautical miles above Earth and Athena 2 will be able to lift more than 3,770 pounds (1,712 kg)to the same orbit.

The Athena will compete with Space Exploration Technology's Falcon 1 and several rockets sold by Orbital Sciences Corp (ORB.N), among others.

Athena is expected to fly from a launch complex at Cape Canaveral Air Force Station in Florida that recently was acquired by Space Florida, a state-backed economic development group. Other launch sites for Athena include Vandenberg Air Force Base in California, Wallops Island in Virgina and Alaska's Kodiak Island. (Reporting by Irene Klotz; Editing by Tom Brown)

Friday, March 19, 2010

ATK Successfully Tests Attitude Control Motor for Orion Launch Abort System: The Next Step in Creating Unmatched Crew Safety for Future Human Space Fl


Key Milestone Test Performed at ATK's Elkton, Maryland Facility

Defense News: MINNEAPOLIS, March 19 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE:ATK - News) announced that it successfully completed the second of two ground tests of a full-scale attitude control motor (ACM) for the launch abort system (LAS) of NASA's Orion crew exploration vehicle. The second test was conducted on March 17, and evaluated environment extremes and ignition system robustness in addition to confirming the motor performance. The test was conducted at ATK's facility in Elkton, Maryland, where the first successful test was conducted onDecember 15, 2009.

Lockheed Martin, the prime contractor to NASA for Orion, leads the project team developing the nation's next-generation space flight vehicle to carry out missions to destinations throughout our solar system. Orion's launch abort system is critical to the human rating of any similarly designed spacecraft and is essential for crew safety which is fundamental to successful human space exploration in the future.

This test of the control motor validates the readiness for NASA's upcoming pad abort 1 (PA-1) flight test that will be conducted at White Sands Missile Range (WSMR), New Mexico. The PA-1 ACM was delivered to WSMR in February. PA-1 is the first LAS flight test for NASA's Orion crew exploration vehicle.

"The success of this test, coupled with the success of the first test last December, demonstrates again that crew safety is an overriding priority in the design of the crew vehicles to be used in future human exploration missions. We are now ready for the next major milestone, a flight demonstration," said Bart Olson, interim President, ATK Mission Systems.

ATK's attitude control motor provides steering for the Orion launch abort system, which is designed to safely lift and steer the Orion crew module away from the launch vehicle in the event of an emergency. This was the seventh in a series of ground tests of Orion's attitude control motor system, validating that the thruster system performs as designed.

ATK's attitude control motor consists of a solid propellant gas generator, with eight proportional valves equally spaced around the circumference of the three-foot diameter motor. In combination, the valves can exert up to 7,000 pounds of steering force to the vehicle in any direction upon command from the crew module. The valves are controlled by a redundant power and control system.

ATK is under contract to Lockheed Martin to develop the attitude control motor and provide motors for Orion's development test flights and human-rated flights. ATK is also responsible for the main launch abort motor, successfully test-fired November 2008, and the Ares I first stage, which was successfully test-fired inSeptember 2009.

About the Orion Launch Abort System:

The Orion launch abort system (LAS) activates within milliseconds in the event of an emergency on the launch pad or during initial ascent. The LAS consists of three motors: the abort motor that fires nearly 500,000 pounds of thrust to pull the crew module up and away from the launch vehicle; the attitude control motor that exerts up to 7,000 pounds of steering force to reorient the vehicle's position; and the jettison motor that separates the crew module from the launch abort system so that parachutes can be deployed for a safe landing. The jettison motor is the only motor that will be activated on all nominal missions to separate the spacecraft from the launch abort system assembly shortly after second stage activation. ATK is providing the abort and attitude control motors and Aerojet is providing the jettison motor. All three motors have been integrated into the LAS assembly by a Lockheed Martin-led team at White Sands Missile Range in preparation for the Pad Abort 1 test this spring.

Video, photographs and additional information on the ACM program can be found at:http://www.atk.com/Customer_Solutions_MissionSystems/cs_ms_sp_default.asp

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: the challenges and assumptions related to the development of next-generation human space launch capabilities; changes in governmental spending, budgetary policies and product sourcing strategies; assumptions related to the continuation of the Ares/Constellation program; 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:

Vicki Cox

Jeff Huebschen

Phone: 410-864-4938

Phone: 952-351-2929

E-mail: vicki.cox@atk.com

E-mail: jeff.huebschen@atk.com