ALLIANT TECHSYSTEMS' GLOBAL ENVIRONMENTAL SOLUTIONS UNIT AWARDED CONTRACT TO STUDY DEMILITARIZATION OF UKRAINIAN ICBM SOLID ROCKET MOTORS
MINNEAPOLIS, Oct. 5 /PRNewswire/ -- Global Environmental Solutions, Inc. (GES GES GTN (Global Transportation Network) Exercise System
GES General Estimates System (NHTSA)
GES Ghana Education Service
GES Government Economic Service (UK) ), a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of Alliant Techsystems (NYSE NYSE
See: New York Stock Exchange : ATK ATK - Andrew Toolkit ), has been awarded a contract from the U.S. Defense Nuclear Agency to study technologies to dismantle rocket motors on Ukrainian SS- 24 long-range intercontinental ballistic missiles and recover valuable materials for recycling into non-military use. The value of the seven- month contract is approximately $1 million.
Larry J. Blagdon, president of Global Environmental Solutions, said selection of GES for the work phase of the project could open the way for significant future opportunities in large rocket motor demilitarization de·mil·i·ta·rize
tr.v. de·mil·i·ta·rized, de·mil·i·ta·riz·ing, de·mil·i·ta·riz·es
1. To eliminate the military character of.
2. and other treaty compliance requirements in the former Soviet Union.
"GES is proud to have been selected by the Defense Nuclear Agency to participate in this important project," said Blagdon. "The dismantling of these missiles is one more step toward doing away with the large strategic arsenal left in Ukraine following the break up of the former Soviet Union. When completed, the project will have helped make the world a safer place through the elimination of a major nuclear weapon system. It also will benefit the people of Ukraine directly through the creation of jobs and infrastructure that will aid their nation's transition to a peacetime, market-based economy.
"The award of this contract reflects an outstanding GES team effort on the part of Mark Morgan, program manager, Scott Clayton, business manager, Clark DeNevers, lead engineer, and Evan Gabrielson and Pat Oyler, who managed the proposal. They are dedicated to providing a cost-effective and technologically superior solution to meet this important post-Cold War need."
The Project is sponsored under the Cooperative Threat Reduction Program Strategic Nuclear Arms Elimination Agreement signed by the U.S. Department of Defense and the Ukraine Ministry of Defense in December 1993.
Work on the study contract will be performed at the GES facility in Magna, Utah, and at the former SS-24 missile production site in Pavlograd, Ukraine.
Global Environmental Solutions offers demilitarization technologies and services, safety management services, and environmental restoration services for sites contaminated with propellants and explosives. GES is headquartered in Hopkins, Minn., and has operations in Magna, Utah, and in the former Soviet republics of Ukraine and Belarus. It is one of four business areas within Alliant's Emerging Business Group.
Alliant Techsystems is a $1.3 billion aerospace and defense company with approximately 8,000 employees and operations in 24 states. The company, headquartered in Hopkins, Minn., comprises four business groups: Aerospace Systems, Defense Systems, Marine Systems, and Emerging Business.
/CONTACT: Media, Rod Bitz, 612-931-5413, or Investors, Richard M. Jowett, 612-931-6080, both of Alliant/
(ATK) CO: Alliant Techsystems; Global Environmental Solutions, Inc. ST: Minnesota IN: CPR Cardiopulmonary Resuscitation (CPR) Definition
Cardiopulmonary resuscitation (CPR) is a procedure to support and maintain breathing and circulation for a person who has stopped breathing (respiratory arrest) and/or whose heart has stopped (cardiac ENV ARO SU: CON
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