ATK Confirms FY01 Earnings Guidance

Apr 27, 2001, 01:00 ET from ATK

    MINNEAPOLIS, April 27 /PRNewswire/ --
     ATK (NYSE:   ATK) (Alliant Techsystems) said it remains confident it is on
 track to meet or slightly exceed its previous earnings guidance of $4.77 to
 $4.79 per share for fiscal year 2001, which ended March 31.  Earnings before
 interest, taxes, depreciation, and amortization (EBITDA) for fiscal year 2001
 will be approximately $180 million, while the company's earnings before
 interest and taxes (EBIT) margin rate will approximate 12 percent.
     The company also said it remains confident it will meet or exceed its
 stated objective of 5 percent sales growth (approximately $1.13 billion) for
 fiscal year 2001.
     ATK is a $1.6 billion aerospace and defense company with leading positions
 in munitions, precision capabilities, propulsion, and composite structures.
 The company, which is headquartered in Hopkins, Minn., employs approximately
 10,000 people and has two business segments:  Aerospace and Defense.  ATK news
 and information can be found on the Internet at http://www.atk.com
     The forecasts, projections, expectations, and opportunities for
 anticipated earnings per share, sales, EBITDA, and EBIT included in this news
 release are "forward-looking statements" as defined in the Private Securities
 Litigation Reform Act of 1995.  Such forward-looking statements involve risks
 and uncertainties that could cause actual results to differ materially from
 anticipated results, including changes in governmental spending and budgetary
 policies, economic conditions, the company's competitive environment, the
 timing of awards and contracts, the outcome of contingencies, including
 litigation and environmental remediation, program performance, and sales
 projections, in addition to other factors identified in ATK's filings with the
 Securities and Exchange Commission.
 
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SOURCE ATK
    MINNEAPOLIS, April 27 /PRNewswire/ --
     ATK (NYSE:   ATK) (Alliant Techsystems) said it remains confident it is on
 track to meet or slightly exceed its previous earnings guidance of $4.77 to
 $4.79 per share for fiscal year 2001, which ended March 31.  Earnings before
 interest, taxes, depreciation, and amortization (EBITDA) for fiscal year 2001
 will be approximately $180 million, while the company's earnings before
 interest and taxes (EBIT) margin rate will approximate 12 percent.
     The company also said it remains confident it will meet or exceed its
 stated objective of 5 percent sales growth (approximately $1.13 billion) for
 fiscal year 2001.
     ATK is a $1.6 billion aerospace and defense company with leading positions
 in munitions, precision capabilities, propulsion, and composite structures.
 The company, which is headquartered in Hopkins, Minn., employs approximately
 10,000 people and has two business segments:  Aerospace and Defense.  ATK news
 and information can be found on the Internet at http://www.atk.com
     The forecasts, projections, expectations, and opportunities for
 anticipated earnings per share, sales, EBITDA, and EBIT included in this news
 release are "forward-looking statements" as defined in the Private Securities
 Litigation Reform Act of 1995.  Such forward-looking statements involve risks
 and uncertainties that could cause actual results to differ materially from
 anticipated results, including changes in governmental spending and budgetary
 policies, economic conditions, the company's competitive environment, the
 timing of awards and contracts, the outcome of contingencies, including
 litigation and environmental remediation, program performance, and sales
 projections, in addition to other factors identified in ATK's filings with the
 Securities and Exchange Commission.
 
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                http://tbutton.prnewswire.com/prn/11690X28618223
 
 SOURCE  ATK