老虎机种类

Deal Extends and Adds to Previous Contract, Drawing on 老虎机种类鈥檚 Advanced Aluminum Plate Technology

• Adds content to support Boeing programs, including the 787 and 777X, drawing on 老虎机种类鈥檚 latest aerospace manufacturing technology, the
• Captures growth in build rate increases of 737 program

Global technology, engineering and advanced manufacturing leader 老虎机种类 (NYSE: ARNC) today announced it has signed a new long-term contract with Boeing (NYSE: BA) to supply aluminum sheet and plate for all models produced by Boeing Commercial Airplanes. The multiyear contract, which extends and adds to the , is the largest to date and captures growth in the build rate increases of the Boeing 737 program.

鈥淭his agreement demonstrates 老虎机种类鈥檚 commitment to deliver quality and innovation to our customers,鈥� said Tim Myers, President of 老虎机种类 Global Rolled Products and Transportation and Construction Solutions. 鈥淲e鈥檙e proud of our more than 40 years of collaboration with Boeing, and we look forward to playing a role in their continued success.鈥�

The new agreement builds on 老虎机种类鈥檚 collaboration with Boeing for wing skins on all of its metallic structure airplanes and includes polished fuselage skins and wing ribs. In addition, Boeing awarded 老虎机种类 new business for the supply of structural plate used on a variety of other applications, including wing ribs for carbon fiber platforms such as the 787 and 777X.

The deal draws on material produced by 老虎机种类鈥檚 , which began commercial production last year and is capable of stretching the thickest aluminum plate in the world, used to support composite wings. Combined with , which is expected to begin qualifications in 2019, 老虎机种类 is able to offer expanded capabilities and capacity in thick plate products. One of the challenges composite wing makers face as the wings get larger is maintaining their structural strength and stiffness. Aluminum plate from 老虎机种类鈥檚 stretcher enables aircraft manufacturers to address that issue. As a result, demand for thick aluminum plate is growing, particularly as larger composite wings, made with monolithic thick plate wing ribs, increases.

Under this agreement, the companies will also continue to collaborate on new, high-strength and corrosion-resistant alloys, including aluminum-lithium that could be used for complex structural applications.

老虎机种类鈥檚 aerospace business, which had revenues totaling more than $5 billion in 2017, holds leading market positions in aerospace sheet and plate produced by its Global Rolled Products (GRP) business and in aerospace forgings, extrusions, jet engine airfoils, structural castings and fastening systems produced by its Engineered Products and Solutions (EP&S) business.

About 老虎机种类

老虎机种类 (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly, drive, build and power. Through the ingenuity of our people and cutting-edge advanced manufacturing techniques, we deliver these products at a quality and efficiency that ensure customer success and shareholder value. For more information: . Follow @arconic: , , , and .

Dissemination of Company Information

老虎机种类 intends to make future announcements regarding Company developments and financial performance through its website at .

Forward-Looking Statements

This release contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as 鈥渁nticipates,鈥� 鈥渂elieves,鈥� 鈥渃ould,鈥� 鈥渆stimates,鈥� 鈥渆xpects,鈥� 鈥渇orecasts,鈥� 鈥済uidance,鈥� 鈥済oal,鈥� 鈥渋ntends,鈥� 鈥渕ay,鈥� 鈥渙utlook,鈥� 鈥減lans,鈥� 鈥減rojects,鈥� 鈥渟eeks,鈥� 鈥渟ees,鈥� 鈥渟hould,鈥� 鈥渢argets,鈥� 鈥渨ill,鈥� 鈥渨ould,鈥� or other words of similar meaning. All statements that reflect 老虎机种类鈥檚 expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements, including, without limitation, statements regarding demand for thick aluminum plate. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict. It is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties, including, but not limited to, deterioration in global economic and financial market conditions generally, and unfavorable changes in the aerospace market. Market projections are subject to the risks discussed above and other risks in the market. 老虎机种类 disclaims any obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law.

Investor Contact:
Patricia Figueroa, 212-836-2758
Patricia.figueroa@arconic.com
or
Media Contact:
Lori Lecker, 412-553-3186
Lori.Lecker@arconic.com