Albany Engineered Composites Receives Pratt & Whitney Engine Component Contract Through 2036
Albany Engineered Composites (NYSE: AIN) received a long-term contract from Pratt & Whitney to produce composite structural engine components for the commercial Pratt & Whitney GTF™ engine through 2036.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
“We are honored to be selected by Pratt & Whitney for this critical composite engine content. This award reflects AEC’s ability to deliver high-volume, high-precision composite structures with consistency and excellence,” said Chris Stone, president of AEC. “It marks a major milestone in our relationship and underscores the strength of our operational performance, our technology and our people.”
The award marks AEC’s first volume production program with Pratt & Whitney and expands the company’s portfolio of complex composite engine structures for the aerospace industry.
“Our strategy is simple: perform for Pratt & Whitney and grow,” said Jeff Daniel, vice president of the commercial segment at AEC.
About Albany Engineered Composites
Albany Engineered Composites, Inc. (AEC) a segment of Albany International Corp. (NYSE:
About Albany International Corp.
Albany is a leading materials science 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 custom-designed consumable belts, essential for the manufacture of paper, paperboard, tissue, and towel, as well as pulp, non-wovens, and a variety of other industrial applications.
- Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.
Albany International is headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20260429270523/en/
Media Contact:
Bryan Warren
Senior Marketing & Communications Manager
817-682-6786
bryan.warren@albaec.us
Investor Relations Contact:
Karen Blomquist
Director, Investor Relations
603-330-2461
karen.blomquist@albint.com
Source: Albany International Corp.