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Press release from PR Newswire

ATK's GAU-23 30mm Automatic Cannon Receives Type Classification for Use on U.S. Air Force AC-130W Gunships

Monday, July 09, 2012

ATK's GAU-23 30mm Automatic Cannon Receives Type Classification for Use on U.S. Air Force AC-130W Gunships04:33 EDT Monday, July 09, 2012ATK's Integrated Medium-Caliber Weapon Systems and Ammunition Provide Optimized Firepower for U.S. and International Airborne PlatformsARLINGTON, Va., July 9, 2012 /PRNewswire/ -- ATK (NYSE: ATK) announced that a modified variant of its Mk44 Bushmaster® Automatic Cannon, was recently type classified as the GAU-23 by the U.S. Air Force for integration on AC-130W gunships.  A rapid prototyping effort quickly provided the USAF with cannons for operational use.ATK's Mk44 Bushmaster® Automatic Cannon has long been the medium-caliber weapon of choice for the world's ground combat vehicles and naval weapon stations.  This most recent type classification now establishes the cannon as an airborne weapon for gunship platforms.  "Due to its versatility and ease of modification and optimization, the GAU-23 is uniquely positioned as a proven solution for aircraft to perform armed overwatch missions," said ATK Defense President, Mike Kahn. "Combined with our 30mm PGU-46/B ammunition, the GAU-23 cannon provides unequaled range and accuracy for integration on airborne platforms for any number of allied countries. This is just one example of our affordable and innovative technologies and services that provide enhanced solutions and capabilities to our customers worldwide." In June 2011, the U.S. Air Force announced the conversion of 12 of its Special Operations Command MC-130W Combat Spear aircraft to the Dragon Spear configuration.  ATK also developed and produces the 30mm PGU-46/B High Explosive Incendiary (HEI) ammunition used on this gun system.  In February 2012, ATK expanded its aviation weapons solution through the development of a Roll-On/Roll-Off (RORO) pallet and weapons mount that integrates with the GAU-23 cannon. The resulting weapons package will allow medium lift platforms the ability to install the system in less than four hours without airframe modification.   ATK is a global leader in providing customized weapon systems including medium-caliber cannons, ammunition, and electronics and fire control systems. The company provides integrated logistics, support and training for these systems on land, air and sea platforms.  ATK is also delivers affordable, responsive and advanced weaponized aircraft capabilities to customer-preferred platforms. The company's expertise includes outfitting various aircraft with integrated weapons, intelligence, surveillance and reconnaissance (ISR) capabilities.  ATK is an aerospace, defense, and commercial products company with operations in 22 states, Puerto Rico, and internationally.  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: challenges inherent in the integration of weapon systems into new and existing platforms; 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:Rod Gibbons                                             Steve WoldPhone:  410-864-4932                                 Phone:  952-351-3056E-mail:  rod.gibbons@atk.comE-mail:  steve.wold@atk.com  SOURCE ATK