Billion Dollar Contract Puts Arconic Sheet and Plate on Every Airbus Platform
Arconic Corporation (ARNC)
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Source: Business Wire
Multi-year contract includes significant share gain on the A320 Family – the world’s best-selling single aisle aircraft family – and covers aluminum sheet and plate for every Airbus platform flying today Deal continues to expand Arconic’s leadership position in the aerospace industry; utilizes Arconic's new manufacturing capabilities secured by the thick plate stretcher investment Strategically important contract win – Airbus aircraft will feature Arconic’s proprietary alloys, chosen for their combination of strength, corrosion resistance, density savings and manufacturability NEW YORK & DAVENPORT, Iowa--(BUSINESS WIRE)-- Precision engineering and advanced manufacturing leader Arconic (NYSE:ARNC) today announced a multi-year contract with Airbus valued at approximately $1 billion. The contract gives Arconic aluminum sheet and plate an unprecedented positio
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