Alliant Techsystems Gets $16.4 Million In US Navy Orders For Missile Warning System

Jul 22, 2008 (financialwire.net via COMTEX) -- ATK | Quote | Chart | News | PowerRating -- July 22, 2008 (FinancialWire) Military contractor and aerospace company Alliant Techsystems Inc. (NYSE: ATK | Quote | Chart | News | PowerRating) said that it received $16.4 million in follow-on orders for a warning system designed to help helicopters and transport aircraft avoid missiles.

Follow-on work on the AAR-47 A(V)2 missile warning system will be done at Alliant's facility in Clearwater, Fla. The original orders were part of a $21.2 million contract signed in August 2006.

The company posted $1.13 billion in sales in the fiscal fourth quarter, which ended March 31.

Alliant shares closed unchanged at $96.50 Monday.

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