Alliant Techsystems (ATK) Awarded $62.5 Million Contract From Orbital Sciences (ORB)

July 10, 2007 9:06 AM EDT

Alliant Techsystems (NYSE: ATK) has received a $62.5 million contract from Orbital Sciences Corporation (NYSE: ORB) for the main abort motor of the NASA Orion crew exploration vehicle Launch Abort System (LAS). NASA\'s Orion will succeed the Space Shuttle in transporting humans to and from the International Space Station, as well as carrying crews to the Moon and eventually Mars.

Under the terms of the contract, ATK will design, develop, produce, test and deliver the launch abort motor (LAM), the largest of three propulsion units integrated into the LAS. The contract includes four full-scale static test units and eight deliverable motors to Orbital for pathfinders, test flights and program support. Orbital is subcontracted to Lockheed Martin who is the prime contractor for Orion.


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