Alliant Techsystems Inc.
) has entered into an agreement, worth over $50 million, with the
United Kingdom-based Rolls-Royce plc. If both the parties agreed,
the contract could expand upto $200 million. Per the contract,
the company will provide aft fan composite cases for
Rolls-Royce's new Trent XWB-97 engine for the Airbus A350-1000
Alliant Techsystems' Space Components Division will be
responsible for this contract. The company will roll out the
deliveries from its Aircraft Commercial Center of Excellence
facility in Clearfield, Utah. The deliveries are expected to
start from late 2013.
Over the years, Alliant Techsystems has a long-standing strategic
alliance with Rolls-Royce and tries to meet its commitments in
terms of maintaining product and service standards along with
delivery timing. Since 2009, the company has been supplying aft
fan cases for Rolls-Royce's Trent XWB-84 engines.
Alliant Techsystems' automated composites processing technology
is used to trim down fabrication costs, while improving the
standard of finished products. Utilization of sophisticated
techniques will allow the company to fulfill Rolls-Royce's
standards of product and service quality.
It is evident from the Rolls-Royce's contract trend that it has
already inked a number of deals in 2013 to supply Trent XWB
engines to several international parties. As a trusted partner,
Alliant Techsystems will subsequently get orders from Rolls-Royce
to provide aft fan composite cases. Continuous flow of contracts
from Rolls-Royce will help the company to maintain a steady
performance in the forthcoming period.
Alliant Techsystems is participating in the ongoing Paris Air
Show with its array of products and services. We believe this
international platform will help the company to attract more
international customers and subsequently bag more orders.
Alliant Techsystems currently has a Zacks Rank #2 (Buy). Other
stocks from the industry that are presently performing well
Kratos Defense & Security Solutions, Inc.
) with a Zacks Rank #1 (Strong Buy), and
) with a Zacks Rank #2 (Buy).
Arlington, Va.-based Alliant Techsystems provides aerospace and
defense products to the U.S. government agencies. The company
also supplies ammunition and related accessories to law
enforcement agencies and commercial customers.
ALLIANT TECHSYS (ATK): Free Stock Analysis
ASTRONICS CORP (ATRO): Free Stock Analysis
CURTISS WRIGHT (CW): Free Stock Analysis
KRATOS DEFENSE (KTOS): Free Stock Analysis
To read this article on Zacks.com click here.