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Balanced Performance Drives ATK To Strong Third Quarter

DDN

Friday, February 1st, 2008

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By Calvin Biesecker Alliant Techsystems [ATK] yesterday posted strong third quarter financial results due to balanced performance across its operating divisions and the company raised its fiscal year 2008 earnings guidance. That strong performance is expected to continue. ATK is predicting double-digit earnings and strong organic growth in fiscal year 2009. ATK has $4.3 billion in orders so far in FY '08 and expects to end the year with $6 billion, laying the foundation for up 10 percent annual growth…

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