Alcoa Announces Multiyear Supply Contracts with Boeing Valued at More Than $2.5 Billion

Contracts include Alcoa’s Largest-Ever Fastener Deal;
Agreement to Supply Ready-to-Install Seat Tracks for Every Boeing 787 Dreamliner

Alcoa Signs Contract with Airbus for High-Tech, Multi-Material Fastening Systems
Alcoa’s Largest-Ever Fastener Deal with Airbus
NEW YORK & TORRANCE, Calif.--(BUSINESS WIRE)--Lightweight metals leader Alcoa (NYSE:AA) has signed an approximately $1 billion contract with Airbus for high-tech, multi-material aerospace fastening systems. The deal is Alcoa’s largest fastener contract ever with the aircraft manufacturer. Alcoa’s fasteners fly on every Airbus platform.

Alcoa Fastening Systems & Rings Enters Agreement with Wright Tool
Torrance, August 26, 2015 – Alcoa Fastening Systems & Rings (AFSR), a unit of Alcoa, signed an agreement with Wright Tool to license their intellectual property on an asymmetric driving system for fasteners. The agreement has enabled the development of an innovative recess design that greatly improves aircraft fastening systems; speeding up assembly time, reducing rework rates, and reducing tooling costs. The asymmetric recess provides reaction torque capability superior to that of existing recess systems, thus eliminating the problems that occur when pins are installed in clearance fit conditions with sealant. 

Alcoa Acquires Firth Rixson, Grows Global Aerospace Portfolio
Transaction Advances Alcoa’s Transformation

NEW YORK--Lightweight metals leader Alcoa (NYSE:AA) today announced that it has completed the acquisition of Firth Rixson, a global leader in aerospace jet engine components. The Company closed the transaction, which was announced on June 26, 2014, after receiving all of the required global regulatory approvals and arranging financing for the deal.

Alcoa Worldwide Headlines

Read recent Alcoa news on Alcoa's Worldwide site.

Alcoa Fastening Systems & Rings News Archive

All Alcoa Fastening Systems & Rings-related news articles.