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ATK has signed an agreement with Lockheed Martin to supply composite satellite components for the company’s A2100 communications satellite series. The five-year agreement has the potential to grow beyond $80 million of new business.
Work on the contract will be performed at ATK’s Composite Optics (COI) facilities in San Diego, Calif. and Salt Lake City, Utah. James Gormican, president, COI, said the new agreement with Lockheed Martin is consistent with the company’s plan to organically grow the commercial sector of its business as the global market for commercial satellites rebounds in the coming years.
“We believe the satellite industry in general is making a turn for the better and ATK is solidly positioned to capture growth opportunities as the demand increases,” said Gormican.
ATK will provide reflectors, satellite bus structures, standard antenna support structures, solar array substrates for power generation, as well as yokes and booms.
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