Ten-Year Agreement Further Strengthens Company s Supply Chain for
Existing Rolls-Royce Business
DULLES, Va.Jul. 18, 2016--
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
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.
About Orbital ATK
Orbital ATK is a global leader in aerospace and defense technologies.
The company designs, builds and delivers space, defense and aviation
systems for customers around the world, both as a prime contractor and
merchant supplier. Its main products include launch vehicles and related
propulsion systems; missile products, subsystems and defense
electronics; precision weapons, armament systems and ammunition;
satellites and associated space components and services; and advanced
aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK
employs approximately 12,000 people in 18 states across the U.S. and in
several international locations. For more information, visit www.orbitalatk.com.
Source: Orbital ATK, Inc.
Orbital ATK Aerospace Structures
Sr. Communications Manager
Barron Beneski, 703-406-5528
and Investor Relations