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ATK Gains $90 Million Trident II Solid Rocket Contract

Lockheed Martin Corp. [LMT] gave Alliant Techsystems Inc. [ATK] a $90 million contract to provide solid rocket propulsion systems for the three stages of the Navy Trident II D-5 fleet ballistic missile, ATK announced. Under terms of the annual contract, ATK will continue to supply Trident solid rocket propulsion systems to Lockheed through 2011. Deployed in 1990, Trident II D-5 is the only U.S. submarine-launched strategic missile system in production today.

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