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Subcontracts Bolster ATK’s $250 Million F-35 Portfolio

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ATK [ATK] has received a contract in excess of $240 million from Lockheed Martin [LMT] to produce additional composite components for low-rate initial production (LRIP) lots 4-8 of the F-35 Joint Strike Fighter. Under the terms of the contract, ATK will use advanced fiber-placement technology to provide upper wing-box skins, lower wing-box skins and engine nacelle skins for the conventional take-off and landing (CTOL), and short take-off/vertical landing (STOVL) variants of the F-35, which will be flown by Air Force…

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