Front page

Alcoa and Airbus sign multi-year supply agreements for leading rolled and extruded products

Alcoa (NYSE:AA) today announced it has signed new multi-year supply agreements with Airbus for Alcoa's leading aerospace aluminum sheet, plate and hard alloy extruded products utilizing Alcoa's current, advanced-generation and aluminum lithium alloys. The agreements were signed this week at the Farnborough Air Show. Terms were not disclosed, but the agreements have a value of approximately US$1.4 billion over their life.

Alcoa's leading aluminum solutions will be used across virtually all Airbus commercial programs and includes new lower wing skins on the A320; several aluminum lithium applications on the A350 and A380, including the largest extruded lower wing stringers for the A380; as well as the largest wing skins and fuselage panels for the A380 and structural plate for the A350. Alcoa's hard alloy extruded products, including rod, drawn tubing and extruded shapes for wing stringers and floor structures, will be supplied from the company's plants in Lafayette, Indiana and Halethorpe in Baltimore, Maryland in the U.S., and Hannover in Germany. Alcoa flat rolled products will be supplied from the company's plants in Davenport, Iowa in the United States, Kitts Green in the U.K., and Belaya Kalitva in Russia. A new greenfield plant in Lafayette as well as facilities in Kitts Green and at the Alcoa Technical Center, Pennsylvania will cast aluminum lithium to support the global Alcoa aerospace supply chain.

Alcoa's aerospace business comprises 4 units with operations across the world totaling approximately $3.4 billion in annual revenues and #1 share positions in their markets: Alcoa Global Rolled Products and Alcoa Forgings and Extrusions serving the structures market; and Alcoa Fastening Systems and Alcoa Power and Propulsion. Alcoa's aerospace solutions run from nose to tail and from wing-tip to wing-tip. Alcoa has been at the forefront of every major milestone in aerospace history based on its commitment to continually innovate and a "beyond materials" philosophy – where materials, structures, and designs work in concert to provide optimal solutions for customers.

Press release issued by ALCOA Mill Products on July 11, 2012

Enhanced listings:

California Drop Forge, Inc. California Drop Forge, Inc. manufactures closed die forgings and machined components for aerospace, power systems generation and other industrial applications

Vector Informatik GmbH Developers and test engineers will benefit from Vector solutions for aerospace electronic networking. The focus is on tools for E/E architecture, monitoring, analyzing and test.

Fairmont Consulting Group Fairmont Consulting Group is pleased to offer a comparative analysis of Boeing and Airbus long-range forecasts. Visit our website to register and receive the full report. www.fairmontcg.com

Precision Metal Products, Inc. Precision Metal Products is a world class manufacturer of close-tolerance and near Šnet metal forgings and precision machined components

See our advertising tariff.