Sec Form 4 Filing - MCREAVY ROBERT J @ ALLIANT TECHSYSTEMS INC - 2006-11-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MCREAVY ROBERT J
2. Issuer Name and Ticker or Trading Symbol
ALLIANT TECHSYSTEMS INC [ ATK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP and Treasurer
(Last) (First) (Middle)
ALLIANT TECHSYSTEMS INC., 5050 LINCOLN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
11/07/2006
(Street)
EDINA, MN55436-1097
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/07/2006 S 519 ( 1 ) D $ 77.01 0 D
Common Stock 11/07/2006 I 424.745 D $ 77.2 0 I By 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units ( 2 ) 11/07/ 2006 I( 3 ) 3,308.826 ( 4 ) ( 4 ) Common Stock 3,308.826 $ 77.2 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MCREAVY ROBERT J
ALLIANT TECHSYSTEMS INC.
5050 LINCOLN DRIVE
EDINA, MN55436-1097
VP and Treasurer
Signatures
/s/Robert J. McReavy 11/09/2006
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares were acquired under the Issuer's Employee Stock Purchase Plan.
( 2 )1-for-1.
( 3 )Pursuant to the Issuer's Nonqualified Deferred Compensation Plan (NQDCP), the reporting person elected to transfer these Phantom Stock Units from the ATK common stock investment account to another investment account within the NQDCP. NQDCP participants may transfer funds into alternative investment accounts during a 10-day window period each quarter.
( 4 )Phantom Stock Units are payable 100% in cash following the reporting person's termination of employment or such other date specified by the reporting person, but the reporting person may also elect to transfer funds into other investment accounts within the NQDCP.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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