50 SKY SHADES - World aviation news

Alcoa gets $1.5 billion supply contract from GE's aviation unit

Download: Printable PDF Date: 12 Jan 2016 07:00 (UTC) category:
Publisher:
Alcoa gets $1.5 billion supply contract from GE's aviation unit - Manufacturer publisher
Tatjana Obrazcova
Source: Reuters

Alcoa Inc said on Monday it had signed a $1.5 billion long-term contract with General Electric Co's aviation unit to supply components used in aircraft engines.

The aluminum producer will provide advanced nickel-based superalloy, titanium and aluminum components for engines and parts made by GE.

The company did not specify the period covered by the contract, which was first reported by the Wall Street Journal.

Alcoa said it would make the parts in six U.S. states as well as in France and Canada.

Alcoa, which reports fourth-quarter results later on Monday, said in September it would break itself in two, separating its faster-growing aircraft and car parts business from its traditional smelting operations as shareholders seek higher returns amid a slump in metal prices.

The company said last week it would close its 269,000 tonne-per-year Warrick smelter in Evansville, Indiana - the largest operating smelter in the United States.

The closure will leave Alcoa with just one active U.S. smelter, the 130,000 tonne-per-year Massena West plant in New York state.





Recommended

Where performance meets preparedness — General Aviation Service’s approach to high season success

Summer high season in Spain is always a defining period for general aviation sector, and this year is no exception. With the first two months already behind us, preliminary results are offering a clea...

Honda Aircraft Company celebrates type validation of HondaJet Elite II in Brazil at LABACE 2026

Honda Aircraft Company announced first delivery of HondaJet Elite II in Brazil, marking a significant milestone in the company’s continued commitment to general aviation in South America. The de...

Daher Aircraft expands its authorized service center Network in Brazil, reinforcing support for the country's growing TBM fleet

Daher Aircraft has strengthened its customer support coverage for Brazilian owners and operators of the fast, efficient TBM airplane family with the addition of two authorized service centers to the c...

Liebherr-Aerospace Technology (Shanghai) celebrates groundbreaking

The groundbreaking event of Liebherr-Aerospace Technology (Shanghai) is a milestone that marks a significant step for Liebherr – one of the world's top three landing gear suppliers with deca...

Android Apps development in Riga, Latvia