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$10B and counting

Arconic soars with a string of contracts that draw on our growing aerospace portfolio

Arconic is a proud leader in the high-growth aerospace market. Since 2015, we’ve signed more than $10 billion in new contracts with aerospace customers such as Boeing, Airbus, Embraer, GE and Lockheed Martin—for aircraft structures and aero engine components that fly nose to tail on our customer’s most advanced aircraft.

10-billion-new-contracts

We’re meeting robust market demand with our unparalleled capabilities in multi-materials, manufacturing processes and application engineering—and through smart technology and expansion investments that create a strong base for growth.

Here’s a look at how we’re growing:

  • Airbus: In October 2015, we signed a significant fastener contract with the aircraft manufacturer. Under the $1B agreement, Arconic will supply high-tech titanium, steel and nickel-based superalloy fastening systems for Airbus’ new, high-growth platforms, including the A350 XWB and A320neo, and existing aircraft, such as the A330.
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  • Boeing: In January 2016, Arconic signed an agreement with Boeing to supply titanium landing gear parts and complex nacelle fittings for the 737 MAX—Boeing’s newest commercial airplane. Under the agreement, we will also supply Boeing’s first-ever aluminum-lithium extrusion produced at our new aluminum-lithium facility—the world’s largest—in Lafayette, Indiana. And we’ll deliver large, near-net shape parts that improve the efficiency and help reduce the costs of Boeing’s in-house machining.
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    Just a month prior, we announced two multi-year supply contracts with Boeing valued at $2.5B, including our largest fastener deal ever—an agreement to supply multi-material fastening systems for every Boeing platform. Arconic will also supply ready-to-install titanium seat track assemblies for the entire 787 Dreamliner family.
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    And in September 2014, we signed a long-term contract to supply aluminum sheet and plate valued at more than $1B. Notably the agreement made Arconic sole supplier to Boeing for wing skins on all of its metallic structure airplanes.
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  • Embraer: Arconic aluminum sheet and plate will have a prominent position on Embraer’s new E-Jet E2 family of jet airliners, scheduled to enter into service in 2018. A multi-year, $470M contract, inked in June 2016, makes Arconic the sole supplier for proprietary wing skins and fuselage sheet. Embraer planes will feature proprietary Arconic alloys, chosen for superior combination of strength, corrosion resistance and fatigue resistance.
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  • GE Aviation: Arconic will supply advanced jet engine components for a broad range of GE Aviation engine programs under a January 2016 agreement worth $1.5B. Arconic will draw on advanced manufacturing capabilities to produce the parts across several facilities, including La Porte, Indiana; Whitehall, Michigan; and Hampton, Virginia where we’ve made significant expansion investments to capture growing demand for jet engine components.
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  • Lockheed Martin: In October 2015, we won an approximately $1.1B agreement with Lockheed Martin to supply titanium for the F-35 Lightning II aircraft program, also known as the Joint Strike Fighter (JSF). Drawing on capabilities gained through the RTI International Metals acquisition, Arconic becomes the titanium supplier for airframe structures for all three variants of the F-35 over nine years, from 2016 to 2024.
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