LOS ANGELES, Oct. 19, 2015 /PRNewswire/ -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that its subsidiary, AMI Metals, Inc., headquartered in Brentwood, Tennessee, has been awarded a multi-year contract by Lockheed Martin to provide aluminum flat rolled material for the F-35 Joint Strike Fighter. The five year contract, with an estimated value of $300 million, runs January 1, 2017 through December 31, 2021. The contract requirements include value-added, just-in-time, cut-to-size and cut-to-shape processing of aluminum plate for use by multiple Lockheed Martin, Lockheed Martin Aeronautics Teammates and subcontractor facilities for all F-35 aluminum flat rolled requirements.
"We are very excited and proud that AMI Metals' experience and expertise in value-added aluminum supply will strategically support the F-35 Joint Strike Fighter program," said Gregg Mollins, Reliance's President and Chief Executive Officer.
Scott A. Smith, President of AMI Metals, Inc., said, "We are proud of our long-term relationship with Lockheed Martin and of our ability to assist them going forward with the aluminum products and services needed for the manufacture of the F-35 Joint Strike Fighter military aircraft. AMI Metals and Lockheed Martin have worked together for the past 30 years on numerous programs that have resulted in on-time delivery of high quality products. We look forward to continuing to support Lockheed Martin and the full supply chain behind the F-35."
About Reliance Steel & Aluminum Co.
Reliance Steel & Aluminum Co., headquartered in Los Angeles, California, is the largest metals service center company in North America. Through a network of more than 300 locations in 39 states and twelve countries outside of the United States, the Company provides value-added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance Steel & Aluminum Co.'s press releases and additional information are available on the Company's web site at www.rsac.com.
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SOURCE Reliance Steel & Aluminum Co.