Orbital ATK announced October 24th it has received an initial $24 million contract from Lockheed Martin (NYSE: LM) to produce additional composite components for the F-35 Joint Strike Fighter. Under the terms of the three-year contract, Orbital ATK will produce bullnose and blade seals at its facility in Clearfield, Utah. Orbital ATK currently produces upper and lower wing skins, engine nacelles and access covers for the F-35.
The Lockheed Martin F-35 Lightning II is a fifth generation fighter, combining advanced stealth with fighter speed and agility, fully fused sensor information, network-enabled operations, advanced sustainment and lower operational and support costs.
“Orbital ATK excels at providing advanced composite structures that require robust manufacturing processes to affordably fit our customer’s needs,” said Steve Earl, Vice President and General Manager of Orbital ATK’s Aerospace Structures Division. “We are pleased Lockheed Martin is entrusting us with additional work on the most advanced combat aircraft in the world – the F-35 Lightning II.”