Contract Part of Multi-Year Study and Demonstration of Post-Boost Propulsion System Technologies

DULLES, Va.Mar. 15, 2016-- Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, announced today that its Defense Systems Group has signed a contract with the U.S. Air Force (USAF) to research design and development options for its intercontinental ballistic missile system (ICBM). Part of a multi-year USAF Ground-Based Strategic Deterrent program (GBSD), the award will be used to explore enhanced propulsion capability through improvements and/or alternatives to current post-boost propulsion systems.

Orbital ATK s effort will focus on trade studies and hardware demonstrations aimed at improving post-boost propulsion system effectiveness, reducing life-cycle costs, and increasing safety and reliability for future ground-based strategic missile systems.

Orbital ATK s post boost technology offers the GBSD community with years of experience supporting numerous systems, including the U.S. Navy Trident II, said Pat Nolan, Vice President and General Manager of Orbital ATK's Missile Products division of the Defense Systems Group.

In service since the 1960s, the current Minuteman III represents the land-based component of the U.S. nuclear triad which, along with its sea- and air-based counterparts, supports the nation s strategic defense. Once development is completed for the new GBSD system, it will begin replacing the Minuteman III starting in the late 2020s.

Orbital ATK Defense Systems Group is an industry leader in providing innovative and affordable ammunition, precision and strike weapons, electronic warfare systems, and missile components across air-, sea-, and land-based systems.

About Orbital ATK

Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs approximately 12,000 people in 18 states across the United States and in several international locations. For more information, visit www.orbitalatk.com.

Source: Orbital ATK, Inc.

Media Contact:
Orbital ATK
Bryan Kidder, 410-864-4932
Defense Systems Group Communications
bryan.kidder@orbitalatk.com
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Barron Beneski, 703-406-5528
Public and Investor Relations
barron.beneski@orbitalatk.com