H&K AG Ad hoc announcement - Heckler & Koch GmbH and Orbital ATK Inc. reached amicably settlement

Heckler & Koch GmbH and Orbital ATK Inc., incorporated Alliant Techsystems LLC ("ATK"), amicably settled the litigation brought before the Minnesota District Court. In its claim filed in January 2017, ATK claimed compensation of more than $ 27 million. Heckler & Koch GmbH pays $ 7.5 million (payable in three installments due until 30 June 2019) to ATK which cover, among others, reimbursements of legal fees and expenses as well as the resolution of all legal claims of ATK. Both parties dismiss all pending lawsuits and are looking forward to a strong cooperation in reviving their common program.