ELMORE, Ohio--(BUSINESS WIRE)--
Materion Brush Beryllium & Composites, a Materion Corporation (NYSE:
MTRN) business, announced today it has received a supply contract from
Lockheed Martin for proprietary AlBeCast® aluminum-beryllium investment
cast components for the F-35 Lightning II's Electro-Optical Targeting
System (EOTS). Terms were not disclosed.
Materion, which announced recently it was in qualification with Lockheed
Martin for the EOTS components, is the current supplier of AlBeMet®, an
aluminum-beryllium composite alloy, for EOTS. Aluminum-beryllium
materials and castings provide favorable cost/benefit advantages for
technically demanding customers requiring a combination of ultra-light
weight, stiffness, mechanical stability and thermal properties.
According to Lawrence Ryczek, Vice President and General Manager, Brush
Beryllium & Composites, "We have made a significant investment in
advancing our casting technology, and this contract adds to our growing
number of sales orders in the defense and semiconductor markets."
The AlBeCast casting investment follows the installation and ongoing
ramp-up of the primary beryllium production facility at Materion's
Elmore, Ohio, operation undertaken through an innovative private-public
partnership between the Company and the U.S. Department of Defense. This
primary production capability supports the beryllium product lines for
defense as well as critical civilian needs. Materion is the world's only
mine-to-mill fully integrated beryllium producer.
Materion Corporation is headquartered in Mayfield Heights, Ohio. The
Company, through its wholly owned subsidiaries, supplies highly
engineered advanced materials to global markets. Products include
precious and non-precious specialty metals, inorganic chemicals and
powders, specialty coatings, specialty engineered beryllium alloys,
beryllium and beryllium composites, and engineered clad and plated metal
systems.
Materion Corporation
Investor Contact:
Michael
C. Hasychak, 216-383-6823
mike.hasychak@materion.com
or
Media
Contact:
Patrick S. Carpenter, 216-383-6835
patrick.carpenter@materion.com
or
http://www.materion.com
Mayfield
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Source: Materion Corporation
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