Alcoa Wins $1 Billion Supply Deal with Airbus

Summary


Alcoa Inc. said Friday it won a multi-year agreement worth about $1 billion to supply Airbus with aluminum sheet and plate products using Alcoa's current and advanced-generation aluminum alloys.

The agreement was reached at the Paris air show. Alcoa said Airbus will use its aluminum across almost all Airbus commercial aircraft programs, from short-range, single-aisle to long-haul, twin-aisle jets. Alcoa's flat rolled products will be supplied from plants in Davenport, Iowa, the United Kingdom and Russia.

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Alcoa Wins $1 Billion Supply Deal with Airbus

Alcoa spoke...

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