Orbital ATK and FLY Announce Agreement
- Ten-Year Agreement Further Strengthens Company's Supply Chain for Existing Rolls-Royce Business
Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, announced today it has entered into a long-term aerospace supply agreement with FLY S.p.A. of Italy, a division of the Forgital Group. Under the $68 million agreement, FLY will provide metallic case components through 2026 for the Rolls-Royce Trent XWB-84k engine that powers the Airbus A350-900. FLY will supply to Orbital ATK the seamless metallic V-groove ring assembly for the composite fan containment case manufactured by Orbital ATK. The agreement ensures a stable supply of the V-groove ring with an international partner capable of manufacturing the complex metal structure and advances Orbital ATK’s supply chain maturity through the duration of the Rolls-Royce XWB program.
“As a result of Orbital ATK’s commitment to Rolls-Royce’s high standards for quality, performance and cost-competitiveness, Orbital ATK and FLY have strengthened our relationship to ensure our mutual success,” said Steve Earl, Vice President and General Manager of Orbital ATK’s Aerospace Structures Division. “This long-term supply agreement positions Orbital ATK as an important supplier on some of the industry’s leading aircraft, while strengthening our business outlook in the years to come.”
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The Orbital ATK partnership with Rolls-Royce began in 2009 with the supply of aft fan cases for the Trent-XWB-97K engines and expanded in 2013 with an agreement to provide an increased supply through 2024. FLY is currently Rolls-Royce’s supplier of titanium forgings for other fan case modules in the Trent XWB engines.
Both suppliers have received the Rolls-Royce Aerospace Supplier of the Year Award for outstanding overall program execution results in producing either composite or metallic structures for the Trent-XWB-84K engine program. Orbital ATK received the award in 2013; FLY received the award two years later, in 2015.
Source : Orbital ATK, Inc. - view original press release
May 1 - 4, 2017 - Las Vegas, United States