Alcoa Signs Contract with Airbus for High-Tech, Multi-Material Fastening Systems
October 05 2015 - 8:30AM
Business Wire
Alcoa’s Largest-Ever Fastener Deal with
Airbus
- Alcoa will supply primarily titanium,
steel and nickel-based superalloy fastening systems for every
Airbus platform
- Deal strengthens Alcoa’s position on
new, high-growth platforms including the A350 XWB and A320neo, and
reinforces position on existing aircraft, such as the A330
- Alcoa supplying several proprietary
products developed specifically for Airbus, produced at 14 of
Alcoa’s global manufacturing facilities
Lightweight metals leader Alcoa (NYSE:AA) has signed an
approximately $1 billion contract with Airbus for high-tech,
multi-material aerospace fastening systems. The deal is Alcoa’s
largest fastener contract ever with the aircraft manufacturer.
Alcoa’s fasteners fly on every Airbus platform.
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Alcoa has signed a contract with Airbus
for high-tech, multi-material aerospace fastening systems. Alcoa's
fasteners fly on every Airbus platform including new, high-growth
platforms such as the A350 XWB, shown here. (Photo: Business
Wire)
“Our growing aerospace capabilities, technology strength and
global, first-rate customer service continue to strengthen Alcoa’s
decades-long partnership with Airbus,” said Alcoa Chairman and
Chief Executive Officer Klaus Kleinfeld. “Alcoa is proud to partner
with Airbus to provide breakthrough technologies for some of the
most advanced aircraft in the world.”
Alcoa’s fasteners will be used to assemble some of Airbus’s
latest high-growth airplanes, including the A350 XWB, Airbus’
newest commercial airplane, and the A320neo. In addition, Airbus
will use Alcoa’s fastening systems for longer-running platforms
including the A330.
As part of this agreement, Alcoa will supply advanced fastening
systems, such as those that enhance the assembly of aircraft panels
and engine pylons on newer airplanes with sophisticated design
features. Alcoa’s fasteners are made using a variety of materials
including stainless steel, titanium and nickel-based superalloys,
which improve fatigue life, enable lightning strike protection, and
improve wear and reusability on conventional and composite
aircraft. Alcoa will produce these fastening systems at 14 of its
global manufacturing facilities.
Alcoa Aerospace
Alcoa has been growing its multi-material aerospace business to
capture growth in the global aerospace market in support of its
broader transformation, and has become a leader in jet engine
components and aircraft structures. Alcoa acquired global titanium
leader RTI International Metals, aerospace components manufacturer
TITAL and global jet engine parts leader Firth Rixson. Alcoa also has grown organically. It
opened the world’s largest aluminum-lithium facility in
Lafayette, Indiana, launched
expansions to increase jet engine parts production
in La Porte,
Indiana and Hampton,
Virginia, began installation of advanced aerospace plate
manufacturing capabilities in Davenport, Iowa, announced plans to double its
coatings capabilities for jet engine components in Whitehall,
Michigan and announced an investment in technology that strengthens
the metallic structures of traditional and additive manufactured
parts, also in Whitehall, Michigan.
About Alcoa
A global leader in lightweight metals technology, engineering
and manufacturing, Alcoa innovates multi-material solutions that
advance our world. Our technologies enhance transportation, from
automotive and commercial transport to air and space travel, and
improve industrial and consumer electronics products. We enable
smart buildings, sustainable food and beverage packaging,
high-performance defense vehicles across air, land and sea, deeper
oil and gas drilling and more efficient power generation. We
pioneered the aluminum industry over 125 years ago, and today, our
more than 60,000 people in 30 countries deliver value-add products
made of titanium, nickel and aluminum, and produce
best-in-class bauxite, alumina and primary aluminum products. For
more information, visit www.alcoa.com, follow @Alcoa on
Twitter at www.twitter.com/Alcoa and follow us on Facebook at
www.facebook.com/Alcoa.
About Alcoa Fastening Systems & Rings
Alcoa Fastening Systems & Rings, a business unit of Alcoa,
is a leading worldwide designer and manufacturer of fastening
systems and rings, including specialty fasteners, fluid fittings,
assembly components, installation systems, and seamless rings for
aerospace and industrial applications. Headquartered in Torrance,
California, the company has over 8,700 employees at 39
manufacturing and distribution/logistics locations in 13 countries.
For more information, visit afsr.alcoa.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151005005359/en/
AlcoaInvestorsNahla Azmy,
212-836-2674Nahla.Azmy@alcoa.comorMediaMonica Orbe,
212-836-2632Monica.Orbe@alcoa.com
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