Eagle Industries

MINNEAPOLIS, Feb. 4 /PRNewswire-FirstCall/ -- Alliant Techsystems (NYSE: ATK) announced today that its Board of Directors has unanimously voted to appoint Mark DeYoung as the company's new President and Chief Executive Officer (CEO), effective immediately. Mr. DeYoung was also elected to serve on the company's Board of Directors.

Mr. DeYoung previously led ATK's Armament Systems group as President of the company's largest business entity. In this capacity, he led the group's expansion from approximately $600 million of revenue in Fiscal Year 2003, to a projected $2.1 billion in revenue in Fiscal Year 2010. His lean manufacturing initiatives and modernization efforts yielded continued margin improvements within Armament Systems. Through aggressive acquisition and organic growth into adjacent markets, Armament Systems expanded into commercial ammunition, the tactical accessories market, and international markets for non-standard ammunition and medium-caliber gun systems.

Mr. DeYoung is 51 years old and a 25-year veteran of ATK and its predecessor companies. His years of experience at ATK source from key company businesses in advanced engineering and propulsion systems. He began his career with the Hercules Aerospace Company, which was acquired by ATK in 1995. In 1999, he was named President of ATK's Lake City Ammunition business and subsequently assumed leadership for the company's commercial ammunition business, acquired in 2001. He holds a bachelor's degree in business from Weber State University, Ogden, Utah, and an MBA from Westminster College in Salt Lake City.

"The Board of Directors reviewed a select group of outstanding and highly qualified internal and external candidates," said General Ron Fogleman, Chairman of the Board. "Mark emerged as the most qualified to lead the company. His breadth of experience across ATK's core businesses, his strategic vision, results-driven leadership style, and focus on delivering long-term shareholder value will position our company for continued success in the years to come."

"I am honored to become ATK's CEO. Our company is already a leading force in aerospace, defense, and commercial markets. We will build and expand on that success," said DeYoung. "We have an outstanding, dedicated workforce that consistently delivers our company's unique and extremely competitive brand of affordable innovation. We will continue to focus on performance and execution, expanding into new markets and delivering on our programs of record, while strengthening both top-line and bottom-line results. ATK is a company making a difference and I look forward to helping make a great company become even better."

ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at www.atk.com.

        Minneapolis, August 17, 2009 – Alliant Techsystems (NYSE: ATK) has received a $20 million order from the U.S. Marine Corps to produce Scalable Plate CarriersTM and components. The Scalable Plate CarriersTM (SPC) are scheduled for delivery by the end of January 2010, and will be produced by the company’s recently acquired, wholly-owned subsidiary Eagle Industries.
        The SPC, designed by Eagle Industries in 2008, maximizes Marines’ agility, while relieving heat and weight stress due to carrying individual combat loads in arduous environments. The SPC’s slim and highly adaptable configuration allows Marines to adjust the load to match ever-changing mission profiles. In Afghanistan, Marines are operating at higher altitudes and the SPC provides ballistic protection in that environment. The features of this system are specifically designed to lighten the Marine’s load, increasing maneuverability, lethality, and survivability.
        “ATK is working with the U.S. Marine Corps to provide mission-critical solutions for the courageous men and women who defend our freedom,” said Mark DeYoung, ATK Senior Vice President and President Armament Systems. “We are constantly improving our existing products by developing new and innovative technologies, maintaining our quality standards, and providing the best value to military and law enforcement professionals around the world.”
        ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues of approximately $4.8 billion. News and information can be found on the Internet at www.atk.com<http://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: assumptions related to the production of load-carrying equipment, 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.

        Minneapolis, May 29, 2009 – Alliant Techsystems (NYSE: ATK) announced plans today to consolidate operations of its wholly-owned subsidiary, Eagle Industries, Inc., in the production of tactical systems and personal equipment for U.S. military and law enforcement. As a result, Eagle Industries will close its New Bedford, Mass. facility. The closure is targeted to be complete by July 31, 2009.
        Eagle operates multiple manufacturing facilities. The New Bedford facility is operating well below capacity and this action will help ensure a more competitive and viable business. Eagle will maintain continuity and uncompromised delivery to customers throughout this effort.
        The New Bedford facility employs approximately 350 people to produce the Modular Lightweight Load-carrying Equipment (MOLLE) system. ATK is offering employment assistance to the New Bedford employees, including resume writing and interview workshops.
        ATK is a premier aerospace and defense company with more than 18,000 employees in 22 states, Puerto Rico and internationally, and revenues in excess of $4.7 billion. News and information can be found on the Internet at www.atk.com.

ATK Selects 25-Year Veteran Mark DeYoung as New President and CEO (Effective Immediately)

Former Head of ATK's Largest Business Entity, Armament Systems Group, Appointed CEO

Armament Systems Revenues Nearly Quadrupled During DeYoung's Tenure