ATK Receives $94 Million to Continue Modernization of the Radford Army Ammunition Plant

This funding is supporting a number of critical projects, the largest of which is the completion of the design and construction of the new Nitric Acid Concentrator/Sulfuric Acid Concentrator (NAC/SAC) facility. The NAC/SAC is an acid plant where weak nitric acid and spent acid from nitration processes are fortified for use in the production of propellants. The funding will also support the development of a new Solvent Recovery System. Both projects will allow important chemicals to be recycled on site designed to reduce the environmental emissions of the plant. Other supported projects include water distribution system repairs and additional powerhouse repairs.

"This funding reflects the Army's commitment to the modernization and long-term viability of the Radford plant, which was built in 1941," said Mark DeYoung, president of ATK's Armament Systems. "ATK is partnering with the Army to improve production efficiency, quality and safety."

ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and approximately $4.6 billion in revenue. 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 related to the continued operation of RFAAP, 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:

    Amanda Covington                      Steve Wold
    Phone:  801-779-4625                  Phone:  952-351-3056
    E-mail:  amanda.covington@atk.com     E-mail:  steve.wold@atk.com

SOURCE ATK

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