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#VSMPO-AVISMA sign a number of contracts with Rolls-Royce through 2025

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July 10 2015

VSMPO-AVISMA Corporation signed three long-term agreements with British Rolls-Royce for the period of 2016-2025, as advised by the Russian Company.

According to the press-release, terms in each contract are various though all the contracts expand cooperation between the two companies started in 2000 when the first four-year agreement was signed.

Under the new agreements, VSMPO-AVISMA will supply titanium mill and semi finished products including disk and ring forgings from various titanium alloys for Rolls-Royce. Estimated return on the new agreements will be over $300 million.

«We set ambitious tasks for themselves to expand a product line for aircraft engine applications and signing the new long-term agreements with one of the world’s leaders in this sphere confirms the fact that the Corporation is working in correct approach focusing on development of high-tech production », the Corporation CEO Mr. Voevodin said to the press-service.

Public Stock Company VSMPO-AVISMA Corporation, the world major titanium producer is  a key source for  many global aerospace companies.

Interfax