UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 15, 2006

Allegheny Technologies Incorporated
(Exact name of registrant as specified in its charter) 

               Delaware                   1-12001            25-1792394
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    (State or other jurisdiction        (Commission        (IRS Employer
        of incorporation)               File Number)     Identification No.)

   1000 Six PPG Place, Pittsburgh, Pennsylvania                      15222-5479
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      (Address of principal executive offices)                       (Zip Code)

Registrant's telephone number, including area code          (412) 394-2800
                                                     ---------------------------

N/A
(Former name or former address, if changed since last report).

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[] Written communications pursuant to Rule 425 under the Securities Act


(17 CFR 230.425)

[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act


(17 CFR 240.14a-12)

[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

On December 15, 2006, Allegheny Technologies Incorporated issued a press release announcing that it had increased its quarterly dividend by 30% to $0.13 per share and had made a $100 million voluntary contribution to its U.S. defined benefit pension plan on November 30, 2006. The dividend for the fourth quarter 2006 is payable on December 29, 2006 to shareholders of record on December 22, 2006. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 Press release dated December 15, 2006

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALLEGHENY TECHNOLOGIES INCORPORATED 

                                    By:    /s/ Jon D. Walton
                                           -------------------------------------
                                           Jon D. Walton
                                           Executive Vice President, Human
                                           Resources, Chief Legal and Compliance
                                           Officer

Dated:  December 15, 2006

EXHIBIT INDEX

Exhibit 99.1 Press release dated December 15, 2006

Exhibit 99.1

Allegheny Technologies Announces 30% Dividend Increase, and Voluntary Pension Contribution

PITTSBURGH--(BUSINESS WIRE)--Dec. 15, 2006--Allegheny Technologies Incorporated (NYSE:ATI) today announced actions designed to continue to increase shareholder value. The Board of Directors increased ATI's quarterly dividend by 30% to $0.13 per share. In addition, ATI made a voluntary contribution of $100 million to its U.S. defined benefit pension plan on November 30, 2006.

"Our core growth markets remain strong, and we are well-positioned to achieve continued profitable growth in 2007 and beyond," said L. Patrick Hassey, Chairman, President, and Chief Executive Officer. "With a strong financial position and prospects for profitable growth, we are confident in ATI's ability to generate the cash flow necessary to self-fund ATI's proactive growth strategy, increase shareholder return, and improve ATI's balance sheet."

The new quarterly dividend rate of $0.13 per share of common stock is payable on December 29, 2006, to stockholders of record at the close of business on December 22, 2006.

This news release contains forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those projected in the forward-looking statements. Information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Allegheny Technologies' filings with the Securities and Exchange Commission.

Building the World's Best Specialty Metals Company(TM)

Allegheny Technologies Incorporated is one of the largest and most diversified specialty metals producers in the world with revenues of $4.4 billion during the most recent four quarters ending September 30, 2006. ATI has approximately 9,300 full-time employees world-wide who use innovative technologies to offer growing global markets a wide range of specialty metals solutions. Our major markets are aerospace and defense, chemical process industry/oil and gas, electrical energy, medical, automotive, food equipment and appliance, machine and cutting tools, and construction and mining. Our products include titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, grain-oriented silicon electrical steel and tool steels, and forgings and castings. The Allegheny Technologies website is www.alleghenytechnologies.com.

CONTACT: Allegheny Technologies Incorporated Dan L. Greenfield, 412-394-3004