This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Alliant Techsystems' CEO Discusses Q4 2012 Results - Earnings Call Transcript

In terms of what we're seeing with NASA budget, there's continued bipartisan support for the President's Budget. And we believe that fiscal year '13 legislation will result in sustained support for the projections we've made regarding our NASA programs.

I'd like to highlight what's happening in each group and then talk briefly about fiscal year '13. In Aerospace Systems, our 5-segment booster will be used for initial space launch system missions beginning in 2017, with the first full-scale ground test in the spring of 2013. This transition by NASA to a heavy-lift vehicle provides a sustainable base for our large rocket motor production programs.

The group continues to deliver solid performance on Airbus A350 program. We're at the beginning of a multiyear ramp up to full-scale production of the composite stringers and frames for that aircraft.

Multiple opportunities in our satellite business continue to present themselves. We recently won a major satellite systems award that lent stability to our core capability in satellites.

In Armament Systems, they maintained solid production record this year, that the group delivered more than 250 million rounds of the new 5.56 Enhanced Performance Round or the M855A1 round. We submitted a strong proposal for continued operation and maintenance of the Lake City facility. We'll expect to hear award results later this fall.

The XM25 program continues to demonstrate game-changing capability during operational use in theater. The program is progressing to Milestone C, with a critical design review scheduled this summer. And our major precision programs continue to have the support of our Army customer, and we're confident our innovative solutions will support the mission-critical needs of the warfighter.

In Missile Products, the U.S. Navy completed its operational testing and evaluation of the Advanced Anti-Radiation Guided Missile, or AARGM. We look forward to hearing from the Navy on their overall assessment of the missile and its readiness for the next production milestone.

Read the rest of this transcript for free on seekingalpha.com

Stock quotes in this article: ATK 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs