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Alcoa Inks Multi-Billion Dollar Multiyear Supply Contracts with Boeing
Posted: 2015 Dec 26


Alcoa and Boeing have signed long-term multi-year supply contracts valued in excess of $2.5 billion. In what is the company’s largest fastener deal till date, Alcoa will supply multi-material fastening systems for every Boeing platform and also supply ready-to-install titanium seat track assemblies for the entire 787 Dreamliner family. “Alcoa has positioned itself to win in a multi-material aerospace industry, and these deals are the latest proof points that our strategy is working,” said Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld.

Advanced titanium, stainless steel, alloy steel, aluminium and nickel-based superalloy fastening systems will be supplied by Alcoa Fastening Systems & Rings for every Boeing platform, including the 777X and 737 MAX and the 787 Dreamliner. A second agreement announced by Alcoa makes it the sole supplier of ready-to-install titanium seat track assemblies for all three members of the 787 Dreamliner family of jetliners. The new contracts are in addition to a deal signed last year between Alcoa and Boeing worth in excess of $1 billion for supply of flat-rolled aluminium sheet and plate products. This deal seals Alcoa as the sole supplier for wing skins to Boeing on all of its metallic structure airplanes.


 
 
 
 
 

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