Alcoa (AAI) announced it has been awarded a new multi-year supply agreement with Airbus for aluminum sheet and plate products utilizing Alcoa’s current and advanced – generation aluminum alloys. The agreement is supposed to have an approximate value of US$ 1.0 million over its life. Alcoa’s leading aluminum solutions will be used virtually across all programs, from short range/single aisle to long haul/twin aisle jets including the A380 and range from fuselage panels to structural components to Airbus’ newest wing skins. The Alcoa flat rolled products will be supplied from the Company’s plant in Davenport, lowa in the U,S, Kits Green in the U.K., and Belaya Kalitva in Russia.
Alcoa’s aerospace business comprises of 4 units with operations across the world totaling approximately $3 billion in revenues and #1 share positions in their markets. Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina.