Orbital ATK Receives $47 Million Award for Rocket Propulsion System Development
January 14 2016 - 8:30AM
Business Wire
-- Company to Develop Prototype Solid Rocket
Motor for U.S. Air Force Evolved Expendable Launch Vehicle Program
--
Orbital ATK (NYSE: OA), a global leader in aerospace and defense
technologies, announced today it was awarded a $47 million contract
from the U.S. Air Force Space and Missile Systems Center Launch
Systems Directorate for the development of a solid rocket
propulsion system prototype to support the Evolved Expendable
Launch Vehicle (EELV) program for national security space missions.
The Air Force award includes options for additional scope, valued
at up to $133 million. The company will also contribute additional
development funds to the program.
“All the best features of solid motors, including operational
reliability, high lift-off thrust, shorter development schedules
and, importantly, affordability have improved over time with the
advancement of new technologies. This means we can offer the Air
Force a low technical risk and very cost-competitive American-made
propulsion alternative,” said Charlie Precourt, Vice President and
General Manager of Orbital ATK’s Propulsion Systems Division. “We
are honored to be selected to develop this capability to help the
Air Force achieve low-cost assured access for national security
space launch requirements.”
Orbital ATK’s award is designed to advance proven domestic
propulsion technologies and includes prototype development. Work on
the program will take place at Orbital ATK’s facilities in Magna,
Utah; Iuka, Mississippi; and Chandler, Arizona; from 2016 to
2019.
“The merger of Orbital and ATK about a year ago created a new
level of technical capabilities and cost synergies that have
strengthened our propulsion system solution to the Air Force,” said
Scott Lehr, President of Orbital ATK’s Flight System Group. “This
funding, together with our own research and development
investments, will lead to an operational launch capability in
2019.”
Due to its unmatched reliability, solid propulsion is used in
nearly every space launch vehicle, both domestic and international,
and plays a key role in U.S. strategic and missile defense systems.
New solid rocket motor technology has the capability to provide a
smooth lift for payloads, which is especially important when
launching sensitive satellites and crewed missions.
Solid propulsion has supported decades of successful launches
for government and commercial programs. Orbital ATK has provided
more than 16,000 U.S.-built solid rocket motors and integrated
stages for government and commercial customers.
In December, Orbital ATK received another contract from the Air
Force to perform a Booster Propulsion Technology Maturation effort.
Under this $3 million contract Orbital ATK will complete studies to
advance technologies that enhance performance and safety while
reducing cost in support of the next generation booster.
About Orbital ATK
Orbital ATK is a global leader in aerospace and defense
technologies. The company designs, builds and delivers space,
defense and aviation systems for customers around the world, both
as a prime contractor and merchant supplier. Its main products
include launch vehicles and related propulsion systems; missile
products, subsystems and defense electronics; precision weapons,
armament systems and ammunition; satellites and associated space
components and services; and advanced aerospace structures.
Headquartered in Dulles, Virginia, Orbital ATK employs
approximately 12,000 people in 18 states across the U.S. and in
several international locations. For more information, visit
www.orbitalatk.com.
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Orbital ATKMedia Contacts:Jennifer BowmanFlight Systems
Group
Communications435-279-3159jennifer.bowman@orbitalatk.comorInvestor
Contact:Barron BeneskiPublic and Investor
Relations703-406-5528barron.beneski@orbitalatk.com
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