Lightweight metals leader Alcoa has declared long-term supply contracts with Boeing valued at over USD 2.5B. Under the contract, Alcoa Fastening Systems & Rings will supply advanced titanium, stainless steel, alloy steel and nickel-based superalloy fastening systems for every Boeing platform, including the 777X—Boeing’s newest commercial airplane—the 737 MAX—scheduled for first delivery in 2017—and the 787 Dreamliner.
Alcoa has also announced a second agreement under which it is the sole supplier of ready-to-install titanium seat track assemblies for all three members of the 787 Dreamliner families of airplanes. RTI International Metals (RTI)—now known as Alcoa Titanium & Engineered Products (ATEP)—has provided seat tracks for the 787-9 and 787-8 variants under a contract signed in 2007. Seat tracks are critical structural assemblies that mount to the floor of the airplane, secure passenger seats and reinforce the structure of the fuselage. Titanium seat tracks are stronger, weigh less and offer superior corrosion resistance compared with traditional materials. Alcoa supplies the seat tracks, from raw material to finished part, by utilizing its titanium ingot melting and billetizing, extrusion, machining and processing and assembly capabilities gained through the RTI acquisition.
