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Constellium, Boeing ink contract

European aerospace aluminium plate supplier Constellium NV (NYSE: CSTM) said it has been awarded a multi-year agreement with US airframer Boeing (NYSE: BA) to support all of the firm´s commercial airplane programs.

With this agreement, Constellium said it will increase both the scope and range of products it supplies.

Under the new agreement, Constellium will supply The Boeing company aluminium products for airframes utilising Constellium´s current and advanced-generation aluminium alloys.

The contract notably includes the continued supply of Airware , Constellium´s low-density Aluminium-Lithium solution, for the Boeing 787 Dreamliner airplane.

The products will be supplied from Constellium´s two major Aerospace and Transportation manufacturing sites in Ravenswood, WV and in Issoire, France.

In the context of unprecedented aircraft production rates forecasted for the next 5 years, these plants provide a combination of capabilities to secure The Boeing company´s requirements.

A leader for aerospace aluminium plate production, Constellium produces advanced alloys and cutting–edge technological solutions. Its technology portfolio, which includes AIRWARE, illustrates its capacity to leverage the potential of aluminium solutions for the aerospace industry.

Developed by Constellium´s research center in Voreppe (France), Airware is designed to help the aerospace industry address all the challenges ahead, from reducing weight and maintenance expense, to lowering environmental footprints with closed recycling loops.

Constellium posted EUR 3.6bn of revenue in 2012.

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