Alcoa announced a contract to supply titanium for Lockheed Martin’s F-35 Lightning II aircraft program, also known as the Joint Strike Fighter (JSF). Under the contract, Alcoa becomes the titanium supplier for airframe structures for all three variants of the F-35 over nine years, from 2016 to 2024. At current projected build rates, the contract has an estimated value of approximately $1.1 billion. Alcoa will supply titanium plate and billet from several operations gained through its acquisition of RTI International Metals. The titanium will be used to manufacture airframe structures for all three F-35 JSF variants. Under a different existing contract, Alcoa will use the metal to forge all of the largest titanium bulkheads for the CTOL variant at its Cleveland, Ohio, operations.
Alcoa Wins Titanium Contract with Lockheed Martin
November 10, 2015