|Exchange:||New York Stock Exchange|
|Stock:||Alliant Techsystems Inc|
|Industry:||Aerospace & Defense|
|Alliant Techsystems Inc, a Delaware corporation was incorporated in 1990. It is an aerospace, defense and commercial products company with operations in approximately 21 states, Puerto Rico, and internationally. The Company is producer of military small-caliber ammunition for use in soldier-carried weapons such as automatic and semi-automatic rifles and machine guns. It produces medium-caliber ammunition used by crew-served weapons on armored vehicles and aircraft. It also produces military large-caliber ammunition used by tanks. In addition, the Company is a producer of ammunition for the sport enthusiast and law enforcement markets. The Company manufactures solid rocket motors, supporting tactical, strategic, missile defense and space launch applications. Its large solid rocket motors support NASA's current and planned human spaceflight programs, including the Space Launch Systems heavy-lift vehicle and the International Space Station Cargo Resupply Services. The Company produces other large solid rocket motors used to launch a variety of strategic missiles and launch vehicles for satellite insertions or deep-space scientific exploration, including the Trident II (‘D5’) and Minuteman III which provide strategic deterrence capability for the United States and its allies; Ground-based Missile Defense interceptors, Standard Missile interceptors, and missile defense targets; and Graphite Epoxy Motors and Orion Motors for launch vehicles such as the Delta II, Delta IV, Minotaur, Taurus, and Antares. The Company also produces smaller solid rocket motors for tactical missiles such as the Hellfire and Maverick. It has three operating segments namely Aerospace Group, Defense Group, and Sporting Group. The Aerospace Group develops and produces rocket motor systems for human and cargo launch vehicles, conventional and strategic missiles, missile defense interceptors, small and micro-satellites, satellite components, structures and subsystems, lightweight space deployables and solar arrays, and provides engineering and technical services. The Defense Group develops and produces military small-, medium-, and large-caliber ammunition, precision munitions, gun systems, and propellant and energetic materials. The Sporting Group develops and produces ammunition and accessories sold to sporting, law enforcement, U.S. Government, and international markets. The Company’s sales come mainly from contracts with agencies of the U.S. Government and its prime contractors and subcontractors. The Company faces competition from a number of competitors in each business area. In Aerospace Systems its competitors include Aerojet-General Corporation; Kilgore Flares Company, LLC, Pratt & Whitney Rocketdyne, Inc. In Defense group its competitors include General Dynamics Corporation; Lockheed Martin Corporation; Raytheon Company; Pratt & Whitney Space and Missile Propulsion. In Sporting group, its competitors are Winchester Ammunition of Olin Corporation; Remington Arms; and various smaller manufacturers and importers, including Hornady, Black Hills Ammunition, Wolf, Rio Ammunition, Fiocchi Ammunition, and Selliers & Belloitt. The Company’s operations are subject to a number of federal, state, and local environmental laws and regulations that govern the discharge, treatment, storage, remediation and disposal of certain materials and wastes, and restoration of damages to the environment.|
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