RTI signs long-term engine supply agreement

RTI International Metals, Inc., (NYSE: RTI) is pleased to announce the signing of a long-term agreement with MTU Aero Engines in Munich, Germany. The agreement calls for RTI to supply rotor-quality titanium billet products through 2022. RTI's material will be used exclusively in MTU compressor applications supplied to a wide variety of engine programs. These encompass the full range of aircraft types including business and regional jets and, most recently, for the Airbus New Engine Option (NEO) applications.