Boeing and Russia’s VSMPO-AVISMA signed a five-year contract extension through 2015. Under terms of the agreement, Boeing will buy titanium forgings and rough-machined titanium forgings from VSMPO-AVISMA that will be used on the Boeing 787 Dreamliner, 777 and 737 commercial airplane models. VSMPO-AVISMA will perform rough machining of titanium forgings in Verkhnyaya Salda, Russia. Final machining and processing of the forgings will be completed by Boeing's Portland, Ore., fabrication facility and other machining subcontractors.
VSMPO-AVISMA, which is the world’s largest titanium producer, has been a Boeing partner and supplier of raw material and titanium parts through a series of long-term purchasing agreements dating back to 1997. In July 2009, Boeing and VSMPO-AVISMA opened a 50/50 joint venture, Ural Boeing Manufacturing. Boeing also has two centers – the Technical Research Center and the Boeing Design Center – located in Moscow.