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#VSMPO-AVISMA to deliver titanium products to the tune of $76 million to Rolls-Royce

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July 24 2017

VSMPO-AVISMA Corporation is to supply titanium rings, blisks and fan disks for the brand new jet engines.

According to VSMPO Press Service, VSMPO-AVISMA Corporation (is part of Rostec) and Rolls-Royce Company signed a Long Term Agreement for delivery of titanium products to the tune of $76 million.

“VSMPO-AVISMA Corporation and Rolls-Royce signed several Long Term Agreements for the period until 2026. The terms of all Agreements differ. According to the terms of new Agreements VSMPO-AVISMA is to supply titanium rings, blisks and fan disks for the brand new jet engines to Rolls-Royce. It is expected that the income from the Agreements will be over $76 million", - informed Corporation Press Service.

VSMPO-AVISMA Corporation is the world’s largest titanium manufacturer. The Corporation supplies products to the markets of 50 different countries and is deeply integrated into the world’s aerospace industry and is a main strategic supplier for many companies. The number of employees is 20 thousand people.

Rolls-Royce is the second largest producer of aero engines in the world.

TASS