ATK lands largest-ever commercial project
IUKA — Alliant Techsystems (ATK) announced that Airbus SAS and its partners, Aerolia SA, Premium Aerotec GmbH and Spirit AeroSystems Inc., have selected ATK to produce composite structures and tooling for its next-generation A350 XWB (Xtra Wide Body) aircraft.
Total expected revenues for ATK amount to approximately $1 billion. Combined with the previous announcement for A350 XWB composite engine components, this new selection makes the aircraft the largest commercial program in ATK’s history.
The company will produce the composite components at its composite manufacturing center of excellence in Iuka. At peak production, ATK could produce up to 25 miles of A350 XWB composite components per month.
“The A350 XWB program builds on ATK’s decades of composite production experience in military aircraft and launch vehicle programs,” said John Shroyer, interim ATK CEO. “This production program showcases the unique capabilities of ATK’s composite manufacturing expertise and provides ATK a once-in-a-generation opportunity to enter on the ground floor of a revolution in the way commercial airliners will be produced in the decades to come.”
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- (UPDATE) Prison won’t interrupt ex-prison chief’s retirement cash flow
- JOSH MABUS — Inbound marketing is fueled by wishful thinking
- 2014 a good year for filmmaking in Mississippi
- Kemper plant employee gag order continued
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- Ex-prison boss and businessman admit to bribery scheme
- (UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi