Alliant Techsystems was awarded a $4 million Integration and Demonstration contract by the U.S. Army Aviation & Missile Command. ATK was one of three companies awarded an I&D contract to develop an alternative warhead for the Guided Multiple Launch Rocket System. The I&D phase will span 17 months and conclude with a live-fire test at White Sands Missile Range, New Mexico, where the Army will down-select a design to proceed into the engineering and manufacturing design and demonstration phase. :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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