|05:31 EDT||BA||Constellium awarded multi-year contract by Boeing |
Constellium N.V. (CSTM) announced that the company has been awarded a multi-year agreement with Boeing (BA) to support all of Boeing's commercial airplane programs. With this agreement, Constellium will increase both the scope and range of products it supplies. Under the new agreement, Constellium will supply Boeing aluminium products for airframes utilizing 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 Boeing's requirements.