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Press release from PR Newswire

ATK's Eagle Industries Awarded $50 Million Contract from U.S. Marine Corps for New USMC Pack

Monday, October 10, 2011

ATK's Eagle Industries Awarded $50 Million Contract from U.S. Marine Corps for New USMC Pack08:00 EDT Monday, October 10, 2011ATK Selected to Produce New USMC Pack to Increase Combat EffectivenessARLINGTON, Va., Oct. 10, 2011 /PRNewswire/ -- Alliant Techsystems (NYSE: ATK) announced today that its Eagle Industries business has received a five year, $50 million indefinite delivery, indefinite quantity (IDIQ) contract from Marine Corps Systems Command to produce the U. S. Marine Corps' new USMC Pack. Initial contract work will be performed in its two Puerto Rico manufacturing plants and is expected to be complete in September of 2012.The USMC Pack will take the place of the current fielded pack, known as the Improved Load Bearing Equipment (ILBE). The U.S. Marine Corps was seeking to replace and enhance this component of the Family of Improved Load Bearing Equipment (FILBE) that will better integrate with the fielded torso body armor systems. "We take pride in producing products that support our military in combat operations and training environments," said ATK Security and Sporting Group President Ron Johnson. "The new USMC Pack provides an enhanced capability to the U.S. Marine Corps and demonstrates ATK's commitment to helping improve the effectiveness of our forces."The new load bearing equipment system is modular and designed to allow Marines to carry equipment needed in support of combat operations. U.S. Marine Corps' new pack increases the overall combat effectiveness of the user by maximizing the ability to carry combat loads more efficiently, minimizing the burdens of weight and improving overall system compatibility. Components included in the pack system are: the main pack, assault pack, assault pouch, sustainment pouch (quantity 2), hydration pouch (quantity 2), hydration carrier, hydration bladder system, sternum cinch, sub-belt, repair kit and USMC Pack instruction card.  The sub-belt is excluded from the initial USMC Pack procurement and will be fielded at a later date.ATK is a premier aerospace and defense company with operations in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at 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; 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 its subsequent quarterly report on Form 10-Q and current reports on Form 8-K filed with the SEC.Media Contact:  Investor Contact:Jason NashSteve WoldPhone:  800-322-2342 (ext. 3878)                          Phone:  952-351-3056E-mail:  pressroom@atk.comE-mail:  steve.wold@atk.comSOURCE ATK