Albany International (AIN) announced its subsidiary Albany Engineered Composites has been awarded multiyear contracts from Lockheed Martin’s (LMT) Missiles & Fire Control business. The contracts extend Albany Engineered Composite’s support of the JASSM and LRASM missile programs at its Salt Lake City, Utah facility. Albany Engineered Composite will continue production of unique composite components for the programs through 2029.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIN: