VSMPO AVISMA Corporation announced that they have signed a new long term contract for titanium forgings with Boeing Company. Under the terms of the this contract, VSMPO will continue to provide Boeing and its supply chain with current and new statement of work for titanium die forgings to support Boeing commercial aircraft manufacturing requirements for various models of the 787 Dreamliner, 777, 767, and 737.
Ural Boeing Manufacturing, a joint venture between VSMPO and Boeing, will machine many of these forgings at its facility located in Verkhnaya Salda.
In addition, as part of a previously signed separate contract VSMPO will continue to supply titanium mill products to Boeing and its participating suppliers.
VSMPO will provide sales and service support of these contracts, including logistics, cutting, and just-in-time delivery services through its global sales and distribution network locations in the United States, United Kingdom, Europe and China.