ATK Agrees to Multi-Million Dollar Contract to Produce Composite Aft Fan Cases for Rolls-Royce Trent XWB-97

ARLINGTON, Va., June 17, 2013 /PRNewswire/ -- ATK (NYSE: ATK) announced the award of a contract valued at more than $50 million from Rolls-Royce plc, United Kingdom, to produce aft fan composite cases for the new Trent XWB-97 engine. The contract has the potential to grow to more than $200 million.  This Rolls-Royce engine is the sole engine now available to power the Airbus A350-1000 aircraft variant.

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The life-of-type contract with Rolls-Royce further highlights ATK's key role as a provider of large-scale composite components for commercial aircraft and engines.  ATK has been producing aft fan cases for the Rolls-Royce Trent XWB-84 engines since 2009.

"This is a great step in continuing ATK's successful partnership with Rolls-Royce. We are proud partners with Rolls-Royce on the Trent XWB engine and look forward to a sustained long-term future together supporting the A350 program. Our demonstrated success in composite fabrication technology provides our customers with quality products in this competitive industry," said Joy de Lisser, vice president and general manager of ATK's Aerospace Structures division. "We are pleased Rolls-Royce recognized ATK's performance with their Aerospace Supplier of the Year Award and we are confident we will continue to deliver excellence for years to come."

ATK's patented automated composites processing technology significantly reduces fabrication costs, while dramatically improving the quality of the final product. The use of this technology allows ATK to produce consistently high-quality composite production parts, essential to meet Rolls-Royce's standards of quality excellence, product robustness, efficiency and reduced life-cycle costs.

The contract award expands ATK's portfolio of high-quality composite components, which now includes fan containment and structural cases for commercial aircraft engines, stringers and frames for commercial aircraft fuselages and wing stiffeners, solid rocket motor casings, launch vehicle payload fairings, military aircraft wing skins for the F-35 Joint Strike Fighter and composite rotor tubes for nuclear power generation.

The first ATK-fabricated Trent XWB-97 aft fan case is scheduled for delivery in late 2013. Support of the Rolls-Royce design effort and initial production of the Trent XWB-97 aft fan cases will begin immediately at ATK's Aircraft Commercial Center of Excellence (ACCE) facility in Clearfield, Utah. 

ATK is an aerospace, defense, and commercial products company with operations in 21 states, Puerto Rico, and internationally. News and information can be found on the Internet at www.atk.com, on Facebook at www.facebook.com/atk, or on Twitter @ATK.

Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved.  Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: future levels of business in the aerospace and commercial transport industries or in the number of aircraft to be built; the success and timely progression of our customers' new programs; the success and timely execution of key certification and delivery milestones; the company's competitive environment; and economic conditions.  ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.

SOURCE ATK

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