Company s Spacecraft Components Division to Continue Manufacturing
Tanks for Lockheed Martin A2100 Satellites
Contract Builds Upon a 20-year Supply Relationship Between the Two
Companies
DULLES, Va.Aug. 24, 2015--
Orbital ATK, Inc. (NYSE:OA), a global leader in aerospace and defense
technologies, today announced that it recently signed a contract with
Lockheed Martin to produce propellant and pressurant tanks for Lockheed
Martin s updated A2100
satellite platform. The five-year contract continues a 20-year
relationship between Orbital ATK and Lockheed Martin for satellite fuel
tanks produced by the company s Space Systems Group in Commerce,
California.
We have been a valued and trusted supplier to Lockheed Martin for over
two decades, delivering more than 75 flight sets of tanks for the A2100
satellite program, said Dave Shanahan, Vice President and General
Manager of Orbital ATK s Space Components Division. Since the
mid-1990s, we have become the go-to supplier for these tanks. This
latest contract represents the continued vote of confidence from a
valued customer in our engineering and analysis strength and our
facility that provides end-to-end manufacturing capabilities for tanks.
We look forward to continuing this successful relationship for many
years to come.
This contract and technology are important elements of our modernized
A2100 satellite, said Mike Cacheiro, Vice President of Global Supply
Chain, Lockheed Martin. By signing long-term agreements like this,
we re able to offer our customers competitive prices coupled with
superior technology to meet a host of missions.
Lockheed Martin s A2100 satellite constellation offers global
telecommunications applications for government, commercial and civil
customers. Since the mid-1990s, Orbital ATK has supplied all but two of
the flight sets for the A2100. The company was the innovator for the
hybrid composite, reinforced propellant tanks and continues to be the
industry leader in this technology.
Under this new contract, which extends through March 2020, Orbital ATK
will produce all of the modernized A2100 flight sets for the next five
years. A flight set includes:
-
A hybrid composite pair of liquid propellant tanks
-
A pair of high-pressure/high-performance, titanium-lined pressurant
tanks
-
As required, a pair of titanium-lined ion propulsion xenon tanks
The liquid propellant tanks contain a high-performance Propellant
Management Device (PMD) designed and analyzed by PMD Technologies,
the foremost designer of low-gravity fluid dynamics acquisition devices.
The PMD controls the fluid during all operational scenarios providing
gas-free propellant to the satellite s thrusters. The all-titanium PMDs
assure long-term propellant compatibility throughout mission life.
Orbital ATK has delivered more than 1,400 PMD tank assemblies to date.
Orbital ATK s Space Components Division is the world s leading producer
of titanium propellant tanks used in military, scientific and commercial
satellites, space-launch vehicles and space-exploration vehicles, with
more than 600 designs qualified and more than 6,100 tanks delivered. The
tanks have been a part of nearly every large U.S. launch vehicle and
most of the satellites flying today, with 100 percent reliability.
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 more than 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, Inc.
Media:
Vicki Cox, 703-406-5663
Space
Systems Group Public Relations
vicki.cox@orbitalatk.com
or
Investors:
Barron
Beneski, 703-406-5528
Investor Relations
barron.beneski@orbitalatk.com