Alliant Techsystems awarded contract for air-to-air missiles
Alliant Techsystems has been awarded a research and development contract for the Counter Air / Future Naval Capabilities program to develop technologies that can be incorporated into next generation air-to-air missile systems. The nearly $10M contract was issued by the Naval Air Warfare Center Weapons Division, China Lake, California. ATK will work in concert with NAWCWD to identify specific propulsion technologies to develop for integration into future missile systems. The work is expected to be completed by June 2013. :theflyonthewall.com
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Alliant Techsystems sees FY13 sales reduced by loss of ammunition plant
Alliant Techsystems's operating results in FY13 will be impacted by the recent loss of the Radford Army Ammunition Plant, which is expected to reduce FY13 sales by approximately $17M. The company also expects continued pressure in its NASA and military ammunition businesses due to the constrained federal budget :theflyonthewall.com
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