ATK and KEI Missile Defense Team Successfully Test Fire First-Stage Rocket Motor
10 Septembre 2007 - 4:08PM
PR Newswire (US)
Test Brings KEI Development Closer to Booster Flight in 2008
MINNEAPOLIS, Sept. 10 /PRNewswire-FirstCall/ -- Alliant Techsystems
(NYSE:ATK) completed a successful test firing late last week of a
first-stage rocket motor for the U.S. Missile Defense Agency's
(MDA) Kinetic Energy Interceptor (KEI), bringing the program closer
to a high-tech defense system that will protect our homeland,
deployed troops and allied forces. This is the fourth in a series
of static motor firings leading up to the program's first booster
flight in 2008. Northrop Grumman (NYSE:NOC) is leading the industry
team charged with developing and testing a KEI capability under
contract to MDA. Raytheon Company (NYSE:RTN) is responsible for
developing and integrating the KEI system's interceptor. The
initial test results for the ignition and burn time matched
expectations for motor performance and integrity. "Having four
successful test firings solidifies that we have a robust design
leading to booster flight in 2008 and eventually providing our
nation with the most advanced missile defense capability," said
Bill Condas, Vice President, Strategic & Commercial Systems,
ATK Launch Systems Group. "Our team's commitment to this technology
and mission assurance will ensure success as we move forward
through each milestone." The KEI is deployable anywhere in the
world using U.S. military aircraft. Initially a land-based
defensive capability, KEI is being designed for easy transition to
sea-based platforms. KEI's spectrum of capabilities matches a key
objective of missile defense: to engage early and often in defense
of the United States and its allies. ATK is the largest propulsion
subcontractor on the KEI program. As a member of the Raytheon
interceptor team, ATK will produce all stages of propulsion for the
integrated flight vehicle. The KEI canister launch-eject gas
generators will be produced by ATK in Rocket Center, W.Va. ATK is a
$4 billion advanced weapon and space systems company employing
approximately 16,500 people in 21 states. News and information can
be found on the Internet at http://www.atk.com/. Forward-looking
statement: 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, 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: George Torres Steve Wold Phone:
801-699-2637 Phone: 952-351-3056 E-mail: E-mail: DATASOURCE:
Alliant Techsystems CONTACT: Media, George Torres, +1-801-699-2637,
, or Investors, Steve Wold, +1-952-351-3056, , both of Alliant
Techsystems Web site: http://www.atk.com/
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