Monday, December 16, 2013

Alcoa, Airbus ink agreement

Alcoa has signed a multi-year supply agreement with Airbus valued at $110 million for titanium and aluminum aerospace forgings. Alcoa will produce the parts using its 50,000-ton press in Cleveland, Ohio. This press uses state-of-the-art controls to meet aerospace specifications and is capable of producing the world’s largest and most complex titanium, nickel, steel and aluminum forgings. Alcoa will supply titanium parts, including forgings used to connect the wing structure to the engine, for the A320neo. The agreement also includes several large aluminum forgings for the A330 and A380, including the A380 inner rear wing spar, the largest aerospace forging in the world. (Source: Business Wire, 12/16/13) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala.