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The Paris Air Show provides ATK an opportunity to highlight its growing capabilities in several business areas, including commercial and military aerospace structures manufacturing. ATK has received significant contracts in the last year to provide composite components for the Airbus A350, and composite aft fan cases for the Rolls-Royce Trent XWB engine. These contracts build on ATK's decades of experience in large-scale composite manufacturing and expand ATK's role as a leading supplier of commercial aircraft composite structures and engine components.
ATK will also feature the newest addition to the U.S. missile inventory, the Advanced Anti-Radiation Guided Missile (AARGM). Developed cooperatively by ATK, the U.S. Navy, and the Italian Air Force, AARGM has performed very well in testing and was recently approved for initial production by the U.S. Department of Defense. The missile is expected to enter service in 2010 as the military's newest multi-role tactical missile.
Paris will also provide potential customers the opportunity to obtain information on ATK's capabilities to integrate cost-effective, Intelligence, Surveillance and Reconnaissance (ISR) platforms onto smaller commercial aircraft. ATK is meeting emerging requirements through the assembly and delivery of innovative and reliable solutions to customers as diverse as the U.S. Department of Defense, U.S. Customs and Border Patrol, and the air forces of Iraq and Lebanon.
ATK will also highlight its long history space exploration, a role that continues today as the prime contractor for NASA on the first stage of the Ares I launch vehicle. Finally, ATK will feature its Operationally Responsive Satellite (ORS) capabilities, including the work it is doing in support of the first U.S. Air Force ORS satellite, designated ORS Sat-1, which is scheduled for launch in 2010. ATK provided the spacecraft bus system, based on the company's Responsive Space Modular Bus (RSMB) designed to meet the needs of the ORS office.
Media interested in more information about ATK can visit the ATK Chalet or contact ATK's on-site media representatives: Tom Van Leunen (+1-703-408-3026), and Rod Gibbons, (+1-410-310-1805).
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.
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: changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the challenges of developing advanced weapons; assumptions related to new applications for existing capabilities; 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.
Media Contact: Investor Contact:
Tom Van Leunen Jeff Huebschen
Phone: 703-412-3218 Phone: 952-351-2929
E-mail: thomas.vanleunen@atk.com E-mail: jeff.huebschen@atk.com
SOURCE ATK
http://www.atk.com
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