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ATK Ends Fiscal Year Strong But Outlook Soft

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By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported strong fourth quarter earnings amid modest sales growth as earnings a year ago were hurt by a large charge but the company is forecasting flat to declining sales in its new fiscal year due to less work for NASA and the possible loss of an Army energetic facility that it manages. Mark DeYoung, ATK's president and CEO, said on an earnings call that growth opportunities with the Defense Department and NASA, two…

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