Alcoa Signs $1b Fasteners Deal with Airbus

In October 2015, Alcoa signed the largest fasteners deal with Airbus ever. Alcoa will be providing many products developed specifically for Airbus’ needs which will be manufactured at 14 of the Alcoa global facilities. A majority of the contract work would be completed in California.

These fasteners will be utilized on many of Airbus’ high-growth platforms such as the A350 XWB, the A330, and the A320neo. Among the fasteners that Alcoa is providing, most of them are going to be titanium, steel, and nickel-based super alloys.

Alcoa’s Chairman and Chief Executive Officer Klaus Kleinfeld says,

“Our growing aerospace capabilities, technology strength and global, first-rate customer service continue to strengthen Alcoa’s decades-long partnership with Airbus. Alcoa is proud to partner with Airbus to provide breakthrough technologies for some of the most advanced aircraft in the world.”

Earlier in the year, Alcoa split itself into more divisions. There will be a mining, processing, and smelting division operating under the Alcoa umbrella. John Miller, writer for the Wall Street Journal, commented:

“A second company, the name of which has yet to be determined, will be spun off and focus on making parts and pieces for airplanes and cars, including in deals such as the Airbus contract. That company is expected to be the more profitable one. Under Mr. Kleinfeld, Alcoa last year bought U.K. jet-engine-parts maker Firth Rixson Ltd., and this year acquired Pittsburgh-based RTI International Metals Inc., one of the world’s biggest makers of fabricated titanium products for the aerospace industry. Those acquisitions made the split announced last week a better option than selling off the raw-aluminum business, according to people familiar with the matter. Mr. Kleinfeld, a former Siemens AG executive, will remain CEO of the still-unnamed company and will be temporary chairman of the new Alcoa.”

Here at ASAP Fasteners, we have the resources to distribute a vast array of Alcoa products. We provide our customers with a simplified and speedy procurement process. We ensure that our customers’ production lines and aircraft are always up and running effectively. We offer cost-effective component solutions by improving our customers’ negotiation power. If you are interested in a quote, please contact our friendly sales staff at purchase@asap-fasteners.com or call us at 1-714-705-4780.

---

1. henry anderson
2. Posted on October 19, 2015
aircraft fasteners

---

Related Blogs