Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

ATK's First Stage Successfully Launches NASA's Ares I-X Flight Test

Wed. October 28, 2009; Posted: 01:12 PM
Stocks RSS
MINNEAPOLIS, Oct 28, 2009 /PRNewswire-FirstCall via COMTEX/ -- ATK | Quote | Chart | News | PowerRating -- Alliant Techsystems' (NYSE: ATK | Quote | Chart | News | PowerRating) first stage ignited today at 11:30 a.m., launching the Ares I-X flight test for NASA and igniting the next generation in American spaceflight. The Ares I is designed to be the safest rocket ever developed to deliver humans to space.

"The successful launch of the Ares I-X continues to demonstrate decades of flawless performance and the progress ATK and NASA have made to develop the most reliable and affordable family of solid rocket motors ever produced," said Blake Larson, ATK Space Systems president. "This flight provides critical data that can be tested only in a flight environment and will be a key building block for maturing the design of Ares I and developing Ares V."

The 177-foot-tall, 12-foot diameter first stage produced 3.3 million pounds of thrust to propel the vehicle from liftoff to stage separation 124 seconds into the flight. At 130,000 feet, the first stage parachutes deployed, enabling the spent booster to slow its descent prior to splashing down into the ocean where it will be recovered for reuse.

"This flight test is the culmination of four years of progress and is the critical first step to launching America beyond low earth orbit, signifying the beginning of a new era for the American space program," said Mike Kahn, ATK Space Systems executive vice president. "The Ares I architecture provides unmatched crew safety and performance for payload capacity, all while utilizing existing infrastructure."

The primary test objectives for the Ares I-X flight included demonstrating vehicle proof of concept, and vital flight performance early in design of the Ares I program. It also demonstrated effective vehicle integration, ground processing and launch operations.

The flight test of the Ares I-X brings America one step closer to the goals of sending humans beyond low Earth orbit for sustained exploration of multiple destinations throughout the Solar System. The launch is a critical milestone in the development of NASA's Constellation Program, which will also support missions to the International Space Station.

The Ares I-X First Stage is comprised of a four-segment Reusable Solid Rocket Motor (RSRM) originally produced for the Space Shuttle Program, and newly designed hardware including the frustum, forward skirt extension, forward skirt and a simulator representing the fifth segment that will fly on the Ares I vehicle. The solid rocket motor cases used for Ares I-X have collectively flown on 30 previous shuttle missions and will continue to be reused for the Ares program. The solid rocket motors were produced at ATK's facility in Promontory, Utah, and the new hardware was manufactured by Major Tool and Machine Inc. in Indianapolis, Ind., under a contract to ATK.

ATK and NASA have continually improved their techniques and processes to increase the safety and mission reliability of the RSRMs. These motors have undergone countless subscale material characterization tests that tie together complex analyses with hard data. They have also undergone 27 full-scale ground tests, including a successful test of the Ares I first stage five-segment development motor conducted last month.

ATK is the prime contractor for the first stage five-segment solid rocket motor and provides the main abort motor and attitude control motor for Orion's Launch Abort system.

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.

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: the strategic, technical, budgetary, and scheduling goals of NASA's Constellation program; assumptions related to the design, safety and performance of the Ares program; 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.

    Media Contact:                   Investor Contact:

    George Torres                    Jeff Huebschen
    Phone:  801-699-2637             Phone:  952-351-2929
    E-mail: george.torres@atk.com    E-mail:  jeff.huebschen@atk.com

SOURCE ATK

http://www.atk.com
For full details on Alliant Techsystems Inc (ATK) click here. Alliant Techsystems Inc (ATK) has Short Term PowerRatings of 5. Details on Alliant Techsystems Inc (ATK) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [ATK]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.