Airbus and VSMPO-AVISMA Corporation – supplier of titanium for the manufacture of aircrafts, have signed the agreement on supply of 3 new forgings for wing and main landing gear parts for Airbus A350-1000 aircraft. The partners signed a long-term contract, valid until 2020, under which VMSPO-AVISMA supplies the same forgings for Airbus A350-900 aircraft. Airbus Senior Vice President, Purchasing and Materials, Olivier Couquil noted that aircraft manufacturer intends to develop a long-term partnership.
Companies began to cooperate in the 90-ies, when the first agreement on supply of raw materials was signed. Then VSMPO-AVISMA began supplying machined parts with higher added value. In 2009 a long-term contract providing for the supply of flat-rolled products and round stock made of titanium alloys, as well as pressed parts to Airbus and other EADS divisions until 2020. The contract value is estimated at $ 4 billion
According to representatives of Airbus, VMSPO-AVISMA now provides more than 60% company’s demand in titanium. Supplies of titanium forgings for all company programs including the recently launched Airbus A320NEO program are fulfilled.
Based on the press release “RUS - VSMPO-AVISMA Corporation will be a supplier of new forgings for A350-1000”
In 2009 a long-term contract providing for the supply of flat-rolled machined parts products and round stock made of titanium alloys, as well as pressed parts to Airbus and other EADS divisions until 2020. The contract value is estimated at $ 4 billion
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