Orbital ATK Extends Airbus Parts Contract to Include A350-1000 Variant

turbine-aircraftTYSONS CORNER, VA July 24, 2015 — Airbus has chosen to extend Orbital ATK’s (NYSE: OA) contract as the maker of composite frames and stringers for the Airbus A350 program, ExecutiveBiz reported Thursday.

The new work includes components for the 1000 variant of the aircraft and opens up jobs at its Clearfield facility in Utah, Orbital ATK said Wednesday.

“Our work with Airbus is an important component of growth for Orbital ATK in the commercial aerospace structures business, ” said Steve Earl, vice president and general manager of Orbital ATK’s aerospace structures division.

The company is fully prepared to meet the planned production rate increases over the next several years to support Airbus’ A350 program delivery schedule, ” Earl added.

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