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| October 12, 2007
Alcoa Awarded $360 Million Contract by Lockheed Martin to Provide Aluminum Forgings on F-35 Joint Strike Fighter Program
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that its Alcoa Power and Propulsion
business has been awarded a 10-year $360 million contract by Lockheed
Martin to supply advanced patented 7085 alloy aluminum die forgings for
the F-35 Joint Strike Fighter (JSF) program.
Contract work will be performed by Alcoa Forged and Cast Products
Cleveland operations and involves the design and manufacture of all the
large aluminum structural die forgings for more than 1,200 aircraft. The
forgings include 15 large bulkheads the
primary structural support for the wing and engine that can weigh from
1,800 to 6,000 pounds and range from 10 to 23 feet in length
and six wing box parts which serve as an important component of the
skeletal structure to the wing.
“Our partnership with Lockheed Martin is based
on the value of Alcoa’s proprietary and
advanced alloys, our technical and engineering expertise, and our
collaborative design capabilities that support such large and complex
forgings,” said Raymond B. Mitchell,
president, Alcoa Power and Propulsion. “These
attributes are key in meeting the demanding requirements of this
critical defense program.”
Alcoa’s partnership with Lockheed Martin began
in 2004, when Lockheed Martin’s need for
weight reduction on the F-35 coincided with both Alcoa’s
new alloy technology and innovative manufacturing approach. Parts were
redesigned to take advantage of the entire Alcoa offering.
“Today, we look forward to playing a vital
role in making this futuristic aircraft a reality,”
said Joseph E. Haniford, vice president and general manager, Alcoa
Forged and Cast Products. “Our engineers,
operations managers, and designers have worked collaboratively to offer
complex die forgings that will meet weight reduction requirements and
extremely tight time frames that will allow our customer to stay on
schedule.”
In addition to the aluminum forgings described above, other Alcoa
aerospace units will provide critical F-35 components and solutions to
the program. Among those are highly-engineered joining devices from
Alcoa Fastening Systems, specialty alloy plate from Alcoa North American
Mill Products, and high-pressure turbine blades for F-35 JSF engines and
structural aluminum castings from Alcoa Power and Propulsion.
As part of the JSF contract, Alcoa plans to invest $24 million in
Cleveland Works primarily for new machinery, equipment and
infrastructure improvements.
Alcoa Forged and Cast Products is being supported by the State of Ohio
with a $400,000 Rapid Outreach Grant and up to $450,000 for employee
training.
About the F-35 Lightning II
The F-35 Lightning II is a supersonic, multi-role, 5th
generation stealth fighter designed to replace a wide range of existing
aircraft, including AV-8B Harriers, A-10s, F-16s, F/A-18 Hornets and
United Kingdom Harrier GR.7s and Sea Harriers. It is projected that more
than 4,000 Lightning IIs will be ordered by the United States and
international forces.
About Alcoa and Propulsion
Alcoa Forged and Cast Products is a division of Alcoa Power and
Propulsion. Alcoa Power and Propulsion, a major business unit of Alcoa,
is a global leader in airfoil and structural investment castings, forged
structural parts, and forged aircraft wheels. Serving the aerospace,
defense, energy and industrial markets, its products are primarily used
in jet engines and industrial gas turbines. Additional value-added
products and services include hot isostatic pressing, specialty
coatings, research and development, supply chain management, specialty
tools, molds, and machinery. With 29 production facilities, Alcoa Power
and Propulsion employs more than 11,000 people worldwide.
About Alcoa
Alcoa (NYSE:AA) 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 Alcoa®
wheels, fastening systems, and precision castings. The company has
116,000 employees in 44 countries and has been named one of the top most
sustainable corporations in the world at the World Economic Forum in
Davos, Switzerland. More information can be found at www.alcoa.com.
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&newsId=20071012005018
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