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ATK - $225m for Minuteman III Propulsion Replacement Programme

ATK : 08 January, 2007  (Company News)
ATK Awarded Follow-On Options Worth $225 Million for Minuteman III Propulsion Replacement Program
Contract for Sixth Option Extends Program Through February 2009

Alliant Techsystems has received contract options worth $225 million from Northrop Grumman Corporation to refurbish components and replace propellant on Minuteman III Stage 1, 2 and 3 Rocket motors. This award is the sixth of seven full-rate production options under the ICBM Propulsion Replacement Program.

The sixth option is for 84 booster sets and is worth $213 million. It will extend the program through February 2009. ATK also received $12 million for spare parts related to the on-going option five contract.

The Minuteman III Propulsion Replacement Program (PRP) began in 1998 as a Joint Venture between ATK and Pratt & Whitney. All work content was transitioned to ATK in the 2003-2004 timeframe following a contract restructure. Most of the work on the contract will be performed at the company's facilities in Utah.

'ATK has worked closely with Northrop Grumman and the U.S. Air Force to successfully maintain a steady rate of production since the transition of the program. We're proud to support this vital program and look forward to performing this work in the years ahead,' said Ron Dittemore, President of ATK Launch Systems Group.
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