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Albany International Retains Salt Lake Site After CH-53K Deal, Raises Q3 EPS Outlook

Source: marketbeat.com

Company FundamentalsCompany Guidance & OutlookManagement & Governance
Albany International Retains Salt Lake Site After CH-53K Deal, Raises Q3 EPS Outlook

Albany International (AIN) said it completed its strategic review and will retain its Amelia Earhart Drive structures assembly facility in Salt Lake City after an amended agreement with Sikorsky on the CH-53K program. The update suggests continuity of operations tied to the CH-53K effort, with limited near-term information on financial impact.

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