Posted AT 7:51 AM EST on 08/05/08
Alliant Tech profit rises on arms, rocket sales
NEW YORK — — Alliant Techsystems Inc. said Thursday quarterly profit rose 19 per cent, helped by strong sales of its artillery and rocket engines.
The company, which is the largest maker of bullets and small ammunition for the U.S. armed forces and also makes rocket motors for NASA, reported a profit of $64.4-million (U.S.), or $1.
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