8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  February 11, 2004

ALLIANT TECHSYSTEMS INC.

(Exact name of registrant as specified in its charter)

DELAWARE	1-10582		41-1672694
(State or other jurisdiction of incorporation or organization)	(Commission File Number)		(I.R.S. Employer Identification No.)
5050 LINCOLN DRIVE EDINA, MINNESOTA		55436-1097
(Address of principal executive office)		(Zip Code)
Registrant’s telephone number, including area code: (952) 351-3000

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

(c)Exhibits.

Exhibit No.	Description
99.1	Press release, dated February 11, 2004, announcing share repurchase authorization by ATK Board of Directors
99.2	Press release, dated February 11, 2004, announcing proposed offering of convertible senior subordinated notes
99.3	Press release, dated February 12, 2004, announcing pricing of convertible senior subordinated notes

Item 9.  Regulation FD Disclosure

On February 11, 2004, Alliant Techsystems Inc. (“ATK”) issued a press release announcing that its Board of Directors had authorized the repurchase of up to two million shares of the company’s common stock through March 31, 2005.  A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

On February 11, 2004, ATK issued a press release announcing that it intended to offer $250 million principal amount of convertible senior subordinated notes due 2024 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933.  A copy of the press release is furnished as Exhibit 99.2 to this report and is incorporated herein by reference.

On February 12, 2004, ATK issued a press release announcing the pricing of that note offering and that it had granted the initial purchasers of the notes the option to purchase up to an additional $30 million aggregate principal amount of notes.  A copy of the press release is furnished as Exhibit 99.3 to this report and is incorporated herein by reference.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	ALLIANT TECHSYSTEMS INC.
	By:	/s/ Eric S. Rangen
		Name:  Eric S. Rangen
		Title:  Vice President and Chief Financial Officer
Date:  February 13, 2004

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EX-99.1

EXHIBIT 99.1

News Release	Corporate Communications		Phone:  952-351-3087
	MN01-1030		Fax:  952-351-3009
	5050 Lincoln Drive
	Edina, MN 55436
For Immediate Release
Media Contact:		Investor Contact:
Bryce Hallowell		Steve Wold
Phone:  952-351-3087		Phone:  952-351-3056
E-mail:  bryce.hallowell@atk.com		E-mail:  steve_wold@atk.com

ATK BOARD OF DIRECTORS AUTHORIZES REPURCHASE
OF UP TO TWO MILLION SHARES OF COMMON STOCK

Minneapolis, Feb. 11, 2004 – ATK (Alliant Techsystems, NYSE:  ATK) today announced that its board of directors has authorized the repurchase of up to two million shares of the company’s common stock.  The authorization extends through March 31, 2005.

The shares may be purchased from time to time in open market, block purchase, or negotiated transactions, subject to the company’s loan covenants and depending upon market conditions and other factors.

ATK had 38.7 million common shares outstanding at the end of the third quarter of fiscal year 2004 on Dec. 28, 2003.

ATK is a $2.2 billion aerospace and defense company with strong positions in propulsion, composite structures, munitions, precision capabilities, and civil and sporting ammunition.  The company, which is headquartered in Edina, Minn., employs approximately 12,600 people and has three business groups:  Precision Systems, Aerospace, and Ammunition and Related Products.

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EX-99.2

	EXHIBIT 99.2
News Release	Corporate Communications		Phone:  952-351-3087
	MN01-1030		Fax:  952-351-3009
	5050 Lincoln Drive
	Edina, MN 55436
For Immediate Release
Media Contact:		Investor Contact:
Bryce Hallowell		Steve Wold
Phone:  952-351-3087		Phone:  952-351-3056
E-mail:  bryce.hallowell@atk.com		E-mail:  steve_wold@atk.com

ATK ANNOUNCES PROPOSED CONVERTIBLE
SENIOR SUBORDINATED NOTES OFFERING

Minneapolis, Feb. 11, 2004 – ATK (Alliant Techsystems, NYSE:  ATK) today announced that it intends to offer, subject to market conditions and other factors, $250 million principal amount of convertible senior subordinated notes due 2024 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933.  ATK also plans to grant to the initial purchasers of the notes an option to purchase up to an additional $30 million principal amount of notes.

ATK expects that the notes will be unsecured, senior subordinated obligations of ATK, will pay interest semi-annually, and will be convertible into shares of ATK common stock upon satisfaction of certain conditions.  The notes are expected to be redeemable at ATK’s option on or from February 2009 and holders of the notes will on specified dates and upon the occurrence of certain circumstances have the right to require ATK to repurchase all or some of their notes.

ATK intends to use a portion of the net proceeds from the offering to, concurrently with the closing of the offering, repurchase up to $75 million of common stock under its recently announced share repurchase program.  The company intends to apply the remaining net proceeds towards its intended acquisition of Mission Research Corporation or for general corporate purposes.

-more-

The convertible notes and the shares of common stock issuable upon conversion will not be registered under the Securities Act of 1933 or any state securities laws and may not be offered or sold in the United States absent registration or an available exemption from such registration requirements.

This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation, or sale of any security in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

ATK is a $2.2 billion aerospace and defense company with strong positions in propulsion, composite structures, munitions, precision capabilities, and civil and sporting ammunition.  The company, which is headquartered in Edina, Minn., employs approximately 12,600 people and has three business groups:  Precision Systems, Aerospace, and Ammunition and Related Products.

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EX-99.3

	EXHIBIT 99.3
News Release	Corporate Communications		Phone:  952-351-3087
	MN01-1030		Fax:  952-351-3009
	5050 Lincoln Drive
	Edina, MN 55436
For Immediate Release
Media Contact:		Investor Contact:
Bryce Hallowell		Steve Wold
Phone:  952-351-3087		Phone:  952-351-3056
E-mail:  bryce.hallowell@atk.com		E-mail:  steve_wold@atk.com

ATK ANNOUNCES PRICING OF $250 MILLION
CONVERTIBLE SENIOR SUBORDINATED NOTES

Minneapolis, Feb. 12, 2004 – ATK (Alliant Techsystems, NYSE:  ATK) today announced the pricing of its offering of $250 million aggregate principal amount of its 2.75 percent convertible senior subordinated notes due 2024 in a private placement pursuant to Rule 144A under the Securities Act of 1933 (the “Securities Act”).  In addition, the company has granted the initial purchasers of the notes the option to purchase up to an additional $30 million aggregate principal amount of notes.  The private placement is expected to close on Feb. 19, 2004.

The notes will be unsecured, senior subordinated obligations of the company and will, subject to certain limitations, be guaranteed on a senior subordinated basis by substantially all of the company’s existing subsidiaries.  The notes will be convertible into shares of the company’s common stock upon the occurrence of certain events, at a conversion rate of 12.5843 shares per $1,000 principal amount of notes, subject to adjustment.  Interest will accrue on the notes at a rate of 2.75 percent per annum.  In addition, after Aug. 20, 2009, the company will pay additional interest of 30 basis points per annum during specified six-month periods if the trading price of the notes exceeds 120 percent of the principal amount of notes for specified periods.  The notes will be redeemable at the company’s option on or after Aug. 20, 2009, and holders of the notes will, on specified dates and upon the occurrence of certain circumstances, have the right to require the company to repurchase all or some of their notes.  The notes will mature on Feb. 15, 2024.

-more-

The company intends to use a portion of the net proceeds from the private placement, concurrently with the closing of the offering, to repurchase under its recently announced share repurchase program up to $75 million of its common stock from purchasers of the notes in negotiated transactions which the company expects will be sold short by purchasers of the notes.  The company intends to apply the remaining net proceeds toward its intended acquisition of Mission Research Corporation or for general corporate purposes.

These securities have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

The statements in this press release regarding the use of proceeds of the offering and certain other information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected.  For further information on factors that could impact the company, and statements contained herein, reference should be made to the company’s filings with the Securities and Exchange Commission.

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