Alcoa Awarded Contract to Produce Aluminum Castings for Tactical Tomahawk Missile Program.PITTSBURGH -- Alcoa (NYSE NYSE See: New York Stock Exchange :AA) announced today that its Alcoa Forged Products and Aluminum Castings business has signed a five-year contract with Klune Industries, a supplier of finish-machined parts to prime contractor Raytheon, to manufacture high-strength aluminum structural castings for the U. S. Navy's Tactical Tomahawk tomahawk [from an Algonquian dialect of Virginia], hatchet generally used by Native North Americans as a hand weapon and as a missile. The earliest tomahawks were made of stone, with one edge or two edges sharpened (sometimes the stone was globe shaped). missile. The contact is valued at nearly $30 million. "This program has given us an opportunity to demonstrate the value of the aluminum-investment-casting process for critical defense applications, while also showcasing our ability to provide cost-effective, high-strength missile components in aluminum and titanium," said Joseph Haniford, Vice President and General Manager of Alcoa Forged Products and Aluminum Castings. "We are now supporting the full-rate production phase of this program with four major structural parts, with deliveries scheduled through 2009. "Our leading edge design and advanced production capabilities in aluminum forgings and castings continue to provide new opportunities for growth," said Haniford. Alcoa is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. , closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 131,000 employees in 43 countries and has been a member of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. for 45 years and the Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Sustainability Indexes since 2001. More information can be found at www.alcoa.com Klune Industries, Inc. is an integrated engineering Integrated Engineering is a multi-disciplinary, design project based engineering degree program. Integrated Engnineering is a program created to meet the demand for engineers who are able to deal with a wide range of problems, often involving knowledge from several and manufacturing company with widespread capabilities serving many industries. Klune principally produces assembled components for the military and commercial aerospace sectors. The company's core strengths are in sheet metal forming Sheet metal forming refers to various processes used to convert sheet metal into different shapes for a large variety of finished parts such as aluminium cans and automobile body panels. Key to the formability of sheet metal is its ductility. , precision machining, laser cutting and welding, and assembly. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion