8-K

UNITED STATES
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):  August 4, 2008

Alliant Techsystems Inc.

(Exact name of registrant as specified in its charter)

Delaware	1-10582	41-1672694
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
7480 Flying Cloud Drive Minneapolis, Minnesota		55344-3720
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:  (952) 351-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)           On August 4, 2008, the Personnel and Compensation Committee of the Board of Directors of Alliant Techsystems Inc. (“ATK”) approved an amendment to the employment agreement dated February 1, 2004 and amended effective as of January 1, 2005 between ATK and its Chief Executive Officer, Daniel J. Murphy.  Mr. Murphy’s employment agreement was amended for the purpose of clarifying that his death benefit under ATK’s Supplemental Executive Retirement Plan is available for non-spousal beneficiaries.  The amendment to the employment agreement is attached to this report as Exhibit 10.1 and is hereby incorporated by reference.

Item 9.01.  Financial Statements and Exhibits.

(d)           Exhibits.

Exhibit No.	Description
10.1	Amendment to Employment Agreement between ATK and Daniel J. Murphy dated as of August 4, 2008.

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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.
Date: August 5, 2008	By:	/s/  KEITH D. ROSS
		Keith D. Ross Senior Vice President, General Counsel and Secretary

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EX-10.1

Exhibit 10.1

Alliant Techsystems Inc.

Amendment to Employment Agreement

with Daniel J. Murphy, Jr.

This AMENDMENT is dated as of August 4, 2008, between Alliant Techsystems Inc. (the “Company”) and Daniel J. Murphy, Jr. (the “Executive”).

WHEREAS, the Company and the Executive have entered into an Employment Agreement dated as of February 1, 2004 (the “Employment Agreement”), which has been amended effective as of January 1, 2005 on December 20, 2005 and March 10, 2008, and the parties now wish to amend the Employment Agreement further.

NOW, THEREFORE, the parties agree that the Employment Agreement is hereby amended as follows:

1.The preamble of paragraph 4(b)(vii) and subparagraph 4(b)(vii)(A) are amendedin their entirety to read as follows:

(vii)Effect of Death.  If you die before the Expiration Date while employed by the Company, then your beneficiary (or beneficiaries) under this Section 4(b) will receive a SERP death benefit, subject to the following terms:

(A)Lump Sum Payment to Beneficiary.  The present value of the SERP benefit that would have been payable to you if you had survived and terminated employment on the Expiration Date (calculated under Section 4(b)(i) above as modified by the following terms of this Section 4(b)(vii)) will be paid by the Company to your beneficiary (or beneficiaries) in a cash lump sum as soon as administratively feasible following your death.  Such present value will be calculated by using the actuarial assumptions then specified in the ATK Pension Plan, except:

(1)the discount (or interest) rate will be the greater of (i) the rate specified in the ATK SERP, or (ii) 6%; and

(2)any reduction for early commencement will be determined under Section 4(b)(vii)(E) below.

2.Subparagraph 4(b)(vii)(D) is amended in its entirety to read as follows:

(D)Full Vesting. Notwithstanding the provisions of Section 4(b)(i)(D) above, your beneficiary (or beneficiaries) will be fully vested in the SERP death benefit.

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3.Subparagraph 4(b)(vii)(F) is amended in its entirety to read as follows:

(F)Beneficiary Designation and Spousal Consent.  Notwithstanding the foregoing, if you have designated a beneficiary (or beneficiaries) who survives you, the SERP death benefit shall be paid to your designated beneficiary (or beneficiaries).  If you have not designated a beneficiary who survives you, the SERP death benefit shall be paid to (i) your spouse if you are married on the date of your death or (ii) your estate if you are not married on the date of your death.  Spousal consent is not required for designation of a beneficiary.

4.This Amendment shall be effective as of August 4, 2008.

5.In all respects not amended, the Employment Agreement is hereby ratified and confirmed.

Date:	8-4-08	By:	/s/ DANIEL J. MURPHY
					Daniel J. Murphy, Jr.
Date:	Aug. 4, 2008	ALLIANT TECHSYSTEMS INC.
		By:		/s/ PAULA PATINEAU
					Name:		Paula Patineau
					Title:	Senior Vice President Human Resources and Administrative Services

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