Through its Corporate Centre located in Pittsburgh, Pennsylvania, Alcoa recently announced a long-term supply agreement with Boeing for multi-material aerospace parts to be used on Boeing airplanes, including Boeing’s 737 MAX, scheduled for first delivery in 2017. Under the new agreement, Alcoa Forgings and Extrusions will supply differentiated components, including the wing, fuselage and landing gear.
Along with aluminum, aluminum-lithium components, the agreement includes advanced titanium landing gear parts and complex titanium nacelle fittings for the 737 MAX, made using specialized presses gained through the Firth Rixson acquisition.
This transaction is the fourth multi-year agreement recently announced with Boeing. In December 2015, Alcoa announced long-term supply contracts with Boeing for fastening systems and titanium seat track assemblies. Alcoa has secured approximately USD $10 billion in aerospace contracts since the start of 2015, including the Boeing transactions, drawing on the Company’s growing aerospace portfolio.