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Albany International Corp.'s Affiliate, Albany Engineered Composites, Qualified to Build Fiber Placed Skins for F-35


Albany International Corp. (NYSE:AIN) announced today that its subsidiary, Albany Engineered Composites Inc. (AEC), received a contract with Lockheed Martin to manufacture composite wing skins on a state-of-the-art automated fiber placement machine at its Salt Lake City operations. As a result of this and several other significant investments in technology and resources, AEC has been awarded a contract to produce wing skins for the F-35A (CTOL variant) of the Lightning II fighter jet.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200302005931/en/

Albany Engineered Composites’ automated fabrication of F-35 wing skin (Photo: Albany Engineered Composites)

Albany Engineered Composites’ automated fabrication of F-35 wing skin (Photo: Albany Engineered Composites)

The Lockheed Martin F-35 Lightning II continues to gain customers as the premier fighter of choice in the world. Delivery of production wing skins began in January.

AEC currently fabricates 227 unique parts for the F-35 program, delivering highly engineered products to 4 customers and 5 facilities including international locations. To date, AEC has delivered over 40,000 parts to support the F-35 program.

“We are very excited to see that a great deal of hard work and investment has been rewarded by our strategic customer Lockheed Martin with additional part numbers and volume beyond our existing successful relationship. We look forward to continuing to develop and deliver advanced composite technologies to the next generation of aircraft,” said Greg Harwell, AEC President.

About Albany International Corp.

Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world’s leading producer of fabrics and process felts used in the manufacture of all grades of paper products. Albany Engineered Composites is a rapidly growing designer and manufacturer of advanced materials-based engineered components for jet engine and airframe applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 23 plants in 11 countries, employs approximately 4,600 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200302005931/en/

Albany International A Stock

€79.50
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