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ATK Wins More Titan IV Business (July 11)



MINNEAPOLIS---ATK (Alliant Techsystems) said it has completed negotiations with Lockheed Martin for two contract extensions worth $21.5 million for Titan IV B production and launch operations support, including launch site segment receiving, inspection, assembly and testing, and all launch-related activities.

The first contract extension, which is valued at $1.2 million, will continue ATK launch support activities at Vandenberg Air Force Base, Calif., from March 2002 to September 2002. The second contract extension, worth $20.3 million, will continue the company's Titan IV production and launch operations work at its Utah Propulsion Center in Magna, Utah, Vandenberg Air Force Base, and Cape Canaveral Air Force Station, Fla., from October 2002 through the last scheduled Titan IV flight in September 2003.

The Titan IV contracts are managed by ATK Aerospace Propulsion Company, Magna, Utah.

"ATK is pleased to provide continuing support for the completion and fly-out of the Titan IV B program,'' said Jeff Foote, president, ATK Aerospace Propulsion Company. "These contract extensions will keep in place the dedicated Titan IV B team that has achieved 100-percent mission success since the first flight in February 1997.''

In addition to providing launch support services, ATK Aerospace Propulsion Company also produces the Titan IV B vehicle's Solid Rocket Motor Upgrade (SRMU) boosters.

ATK Aerospace Propulsion Company is one of four operating companies within ATK's Aerospace Group, which comprises the corporation's propulsion and composite structures businesses.

ATK is a $1.6 billion aerospace and defense company with leading positions in propulsion, composite structures, munitions, and precision capabilities. The company, which is headquartered in Hopkins, Minn., employs approximately 10,000 people and has two business segments: Aerospace and Defense.

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ATK Negotiates Contract Extensions Worth $21.5 Million for Titan IV Operations Support