ATK Statement Regarding Orbital's Antares Launch Failure

ARLINGTON, Va., Oct. 29, 2014 /PRNewswire/ -- An unfortunate failure occurred during Orbital Sciences Corporation's Antares launch on October 28, 2014. ATK (NYSE: ATK) is conducting a thorough evaluation of any potential implications resulting from this incident, including current operating plans, long-term strategies, and the proposed transaction to merge the company's Aerospace and Defense businesses with Orbital.

ATK is an aerospace, defense, and outdoor sports and recreation company with operations in 21 states, Puerto Rico, and internationally. News and information can be found on the Internet at www.atk.com, on Facebook at www.facebook.com/atk, or on Twitter @ATK.

Cautionary Statement Regarding Forward-Looking Statements

Certain information discussed in this communication, including information regarding the proposed transaction between Alliant Techsystems Inc. ("ATK") and Orbital Sciences Corporation ("Orbital"), constitutes "forward-looking" statements made within the meaning of Section 21E of the Securities Exchange Act of 1934. These statements are often, but not always, made through the use of words or phrases such as "may," "will," "expected," "intend," "estimate," "anticipate," "believe," "project," or "continue," and similar expressions. All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed in the statements. Additional information concerning these factors can be found in Vista Outdoor Inc. ("Vista Outdoor"), ATK and Orbital's filings with the Securities and Exchange Commission (the "SEC"), including ATK and Orbital's most recent Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, ATK's registration statement on Form S-4 (which registration statement has not yet been declared effective) and Vista Outdoor's registration statement on Form 10 (which registration statement has not yet been declared effective). Vista Outdoor, ATK and Orbital assume no obligation to update or revise publicly the information in this communication, whether as a result of new information, future events or otherwise, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

SOURCE ATK

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