Alliant Techsystems Inc.
) continues to provide assistance to the United States Air Force
for its different missions. The company has delivered various
components for the United Launch Alliance (ULA) Delta IV rocket as
well as the on-orbit operation of a new Boeing Global Positioning
System (GPS) IIF satellite.
Alliant's Aerospace Group was in charge of the delivery. The
company rolled out the products from its various facilities,
including Magna and Promontory in UT, Goleta, San Diego and Rancho
Bernardo in CA, and several other places.
The satellite will offer improved accuracy, signal strength and
quality to the U.S. armed forces, its allies and the civilians.
For the Delta IV rocket, Alliant provided numerous services,
including commercial GEM-60 solid rocket motors and the nozzle for
the launch vehicle's RS-68 engine.
Alliant also delivered various products for the GPS IIF satellite
including the satellite solar arrays, the composite solar array
substrates, and heat pipes for the GPS IIF equipment and radiator
panels. In addition, the company executed final assembly and radio
frequency testing of the antenna suite.
Alliant has manufactured the thermal protection material, which is
able to protect the nozzle from the extreme heat of launch. The
Delta IV composite structures will offer superior performance with
ULA is jointly owned by
The Boeing Company
Lockheed Martin Corporation
). It offers affordable, consistent, and assured access to space
for U.S. government missions. ULA has three launch vehicles - Atlas
V, Delta IV and Delta II.
Alliant has a strong business alliance with The Boeing and Lockheed
Martin, and is continuously providing a range of products and
services for their ULA mission. On Apr 16, 2014, the company
received a contract, worth $178 million, from the ULA. Per the
agreement, the company will provide multiple composite structures
to ULA, with a diameter of 13 -18 feet and lengths up to 63 feet.
The product portfolio includes fairings, interstages, nose cones,
and payload adapters and diaphragms.
The standard of the components and services enables Alliant to
become a trusted partner for these important defense programs. This
factor will help Alliant to win more contracts in the future,
thereby improving revenues.
Alliant currently has a Zacks Rank #3 (Hold). However, a
better-ranked stock in the aerospace and defense equipment industry
), carrying a Zacks Rank #2 (Buy).
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