Alliant Techsystems (ATK) Selected by Airbus SAS and Partners to Make Composites and Tooling for A350 XWB Aircraft; Revenue Expectations of $1B
Alliant Techsystems (NYSE: ATK) announced that Airbus SAS and its partners Aerolia SA, Premium Aerotec GmbH and Spirit AeroSystems, Inc. have selected the company to produce composite structures and tooling for its next-generation A350 XWB (Xtra Wide Body) aircraft. Total expected revenues for ATK amount to approximately $1B. Combined with the previous announcement for A350 XWB composite engine components, this new selection makes the aircraft the largest commercial program in ATK's history.
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