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Aerospace-Defense

Friday May 9

Alliant Techsystems' fourth-quarter earnings rise 19 percent on sales of rockets and ammunition

“Alliant Techsystems believes that this initial rejection is simply part of the process that involves negotiations and could run several rounds”

Alliant Techsystems Inc., the largest supplier of bullets for the M-16 rifles used by the U.S. Army in Iraq, said fourth-quarter earnings rose 19 percent, beating analysts' estimates, on higher sales of rockets ... via St. Paul Pioneer Press

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