Alliant Techsystems Inc.

April 3, 2010 at 11:07PM

Alliant Techsystems Inc.

Headquarters: Eden Prairie

Business: Aerospace and defense manufacturer

Ticker: ATK

Bears say

• Proposed cancellation of manned flights to the moon casts a shadow over its aerospace business.

• Recent uptick in civilian ammunition sales could be slowing down.

Bulls say

• Stock price already reflects the impact of NASA budget cuts, which may not be as bad as expected.

• The company is in a good position to expand nonmilitary business with ammunition- related products, such as gun scopes and reloading equipment.

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