Alliant Techsystems Honored Twice for TIME Magazine's "Best Inventions of 2009"

Ft Lauderdale, Florida 11/17/2009 10:50 PM GMT (TransWorldNews)

Alliant Techsystems (NYSE: ATK) has been honored by TIME Magazine twice for their "Best Inventions of 2009" special edition. The top invention honored was NASA;s Ares I rocket. ATK is the prime contractor for the solid rocket motor first stage of the Ares I. In addition to the first stage motor technology, ATK is also a provider of solid rocket motor propulsion for the Ares I Launch Abort System. ATK also received recognition for the development of the XM25 air-bursting munitions system, which placed #46 on the list. The XM25 features a turn-count fuze, coupled with a laser range finder to detonate without impact at a pre-determined range.

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About ATK

Alliant Techsystems Inc. (ATK) is a supplier of aerospace and defense products to the United States government, allied nations, and prime contractors. It is also a supplier of ammunition and related accessories to law enforcement agencies and commercial customers. As of March 31, 2009, the Company had three segments: ATK Armament Systems, ATK Mission Systems and ATK Space Systems.

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