Alcore Inc. advances as a Lockheed supplierAlcore Inc., an...

Maryland Watch

March 21, 1996

Alcore Inc. advances as a Lockheed supplier

Alcore Inc., an aerospace materials manufacturing company with plants in Jessup and Belcamp, has achieved most favored supplier status with Lockheed Martin Corp.'s Middle River plant.

As a result, Lockheed Martin has awarded Alcore a three-year contract valued at $1 million for the construction of honeycomb aluminum sections to be used in the Pratt & Whitney thrust reversers built at Lockheed Martin.

Thrust reversers act like brakes to slow jetliners once they have touched down on the runway. "We have the contract for the life of the Pratt & Whitney program," said Edward Kiley, vice president and general manager of Alcore.

Alcore has been supplying honeycomb sections to Lockheed Martin for about 2 1/2 years. Under terms of the new contract, it picks up about 20 percent more business and becomes the Middle River plant's sole supplier of the material.

In return, Mr. Kiley said, Alcore reduced its price by about 15 percent.

The thrust reversers will be used on the engine that powers the Airbus A330 jetliner. They also may be used on the new Boeing 747-500.

Pub Date: 3/21/96

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