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Technology Stocks : Alliant Techsystems Inc.

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From: JakeStraw8/1/2007 8:52:34 AM
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ATK Awarded Additional Orion Launch Abort System (LAS) Motor Contract Valued at Approximately $70 Million
biz.yahoo.com
Monday July 23, 8:50 am ET

Orion LAS Attitude Control Motor Will Support Critical Abort System Test Next Year
ATK High Thrust Proportional Valve and Control System Maturity Key to Selection

MINNEAPOLIS, July 23 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) has been selected by Orbital Sciences Corporation (NYSE: ORB) as part of the Orion prime contractor team, led by Lockheed Martin (NYSE: LMT), to provide the attitude control motor (ACM) for NASA's Orion crew exploration vehicle launch abort system (LAS). The new LAS contract is valued at approximately $70 million. The ACM adds to ATK's content on the LAS, which already includes the primary launch abort motor. Work on the ACM will be performed at ATK facilities in Elkton, MD.
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