Alcoa Signs Deal with Airbus for Fasteners
Alcoa signed a $1 billion deal with Airbus to supply primarily titanium, steel and nickel-based superalloy fastening systems for every Airbus aircraft. The deal is Alcoa’s largest fastener contract ever with the aircraft manufacturer. The fasteners will be used to assemble some of Airbus’ latest high-growth airplanes, including the A350 XWB, the company’s newest commercial airplane, and the A320neo. In addition, Airbus will use the fastening systems for longer-running platforms, including the A330.