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July 12, 2005
Alcoa Fastening Systems Awarded Multi-Year Contract By Lockheed Martin Corporation
TORRANCE, Calif.--(BUSINESS WIRE)--July 12, 2005--Alcoa Fastening Systems (AFS) announced today that it has reached agreement on a large multi-year contract to supply Lockheed Martin Corporation with millions of high-performance fasteners plus advanced installation systems for a wide range of military aircraft programs through 2010. Included in this agreement are AFS' advanced Eddie- Bolt(R) 2 structural pin system; anchor nuts; K-Fast(TM) nuts; Camloc(R) latches; Live Lock(TM), Mark IV(TM), and captive screw panel fastening systems; plus many screws, bolts, hydraulic fittings and installation tools. This contract supports F-16, F/A-22, F- 117, P-3, C-130, C-5, C-27, U-2, F-2, and T-50 programs at multiple Lockheed locations. Alcoa Fastening Systems is also a strong supporter of and provides many similar products for F-35 JSF development and production.
Alcoa Fastening Systems, a business unit of Alcoa (NYSE:AA), is a leading worldwide designer and manufacturer of fastening systems, specialty fasteners, components, and installation systems for aerospace and commercial product assembly. Headquartered in Torrance, California, the company has 6,000 employees, and manufactures at 26 locations in 7 countries.
Alcoa is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 131,000 employees in 43 countries and has been a member of the Dow Jones Industrial Average for 45 years and the Dow Jones Sustainability Indexes since 2001. More information can be found at www.alcoa.com