SASCO CAPITAL INC / CT/
SC 13G, 1998-02-02
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<PAGE>
                                          
                         SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.  20549
                                          
                                    SCHEDULE 13G
                                          
                     Under the Securities Exchange Act of 1934
                         (Amendment No.                 )*
                                          
                                          
                                Alliant Techsystems
                      -----------------------------------------
                                  (Name of Issuer)
                                          
                      Common Stock, Par Value $0.01 Per Share
                      -----------------------------------------
                           (Title of Class of Securities)
                                          
                                     018804104
                      -----------------------------------------
                                   (CUSIP Number)
                                          
                                          
                                          
                                          
     *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions  of the Act (however, see
the Notes).



                         (Continued on following pages (s))
                                          
                              Page  1  of   4   Pages
                                          

<PAGE>

CUSIP No.    018804104        13G                      Page  2  of  4  Pages

 (1)  Names of Reporting Persons, S.S. or I.R.S. Identifications Nos. of Above
Persons

      Sasco Capital, Inc.
- ------------------------------------------------------------------------------

 (2)  Check the Appropriate Box if a Member of a Group*      (a)    /   /
                                                             (b)   / X /

- ------------------------------------------------------------------------------
 (3)  SEC Use Only


- ------------------------------------------------------------------------------
 (4)  Citizenship or Place of Organization

      Fairfield, Connecticut
- ------------------------------------------------------------------------------

Number of Shares    (5)  Sole Voting Power
   Beneficially     
   Owned by              582,500
   Each Reporting   ----------------------------------------------------------
   Person With      (6)  Shared Voting Power
                 
                         None
                    ----------------------------------------------------------
                    (7)  Sole Dispositive Power

                         983,400
                     ---------------------------------------------------------
                    (8)  Shared Dispositive Power
                         
                         None
                     ---------------------------------------------------------

 (9)  Aggregate Amount Beneficially Owned by Each Reporting Person

      983,400
- ------------------------------------------------------------------------------
(10)  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- ------------------------------------------------------------------------------
(11)  Percent of Class Represented by Amount in Row (9)

      7.9%
- ------------------------------------------------------------------------------
(12)  Type of Reporting Person*

      IA

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                                                           Page  3  of  4  Pages

Item 1(a) Name of Issuer:

     The issuer of the securities to which this statement relates is Alliant
Techsystems.

Item 1(b) Address of Issuer's Principal Executive Offices:

          600 Second Street N.E. 
          Hopkins, MN  55343-8384

Item 2(a) Name of Person Filing: 

          Sasco Capital, Incorporated

Item 2(b) Address of Principal Business Office:

          10 Sasco Hill Road
          Fairfield, CT  06430

Item 2(c) Citizenship:   

          Sasco Capital, Incorporated is a Connecticut corporation whose office
is at Fairfield, Connecticut.

Item 2(d) Title of Class of Securities:

          Common stock, par value $0.01 per share.

Item 2(e) CUSIP Number:

          018804104

Item 3    This statement is filed pursuant to Rule 13d-1(b) and the person
          filing is:

          Daniel L. Leary, Secretary, for Sasco Capital, Inc.

Item 4    Ownership.  

          The 983,400 acquired by Sasco Capital, Inc. constitute 7.9% of the
outstanding shares of Alliant Techsystems.  Sasco Capital, Inc. has beneficial 
ownership to direct the disposition of only these 983,400 and has the sole power
to vote 582,500 shares.  Sasco Capital, Inc. has no shared powers with regards
to any other shares of Alliant Techsystems.  

<PAGE>

                                                  Page  4  of  4  Pages
Item 5    Ownership of 5% or less of a Class

          Not applicable.

Item 6    Ownership of More than 5% on Behalf of Another Person.

          Not applicable.

Item 7    Identification and Classification of the Subsidiary Which Acquired
          Security Being Reported on by the Parent Holding Company.

          Not applicable.

Item 8    Identification and Classification of Members of the Group.

          Not applicable.

Item 9    Notice of Dissolution of Group.

Item 10   Certification.

          By signing below, I, Daniel L. Leary Secretary of Sasco Capital, Inc.,
certify that, to the best of my knowledge and belief, the securities referred to
above were acquired in the ordinary course of business and were not acquired for
the purpose of and do not have the effect of changing or influencing the control
of the issuer of such securities and were not acquired in connection with or as
a participant in any transaction having such purposes or effect.

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


                                   /s/ Daniel L. Leary
                                   -------------------------------------------
                                   Daniel L. Leary
                                   Secretary
                                   January 30, 1998





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