Citation
(2009), "Airbus/EADS sign a titanium supply agreement with VSMPO-AVISMA", Aircraft Engineering and Aerospace Technology, Vol. 81 No. 5. https://doi.org/10.1108/aeat.2009.12781eab.029
Publisher
:Emerald Group Publishing Limited
Copyright © 2009, Emerald Group Publishing Limited
Airbus/EADS sign a titanium supply agreement with VSMPO-AVISMA
Article Type: News and views From: Aircraft Engineering and Aerospace Technology: An International Journal, Volume 81, Issue 5
Airbus, the aircraft manufacturer, its parent company EADS, a global leader in aerospace, defence and related services and the Russian Technologies State Corporation's integrated structure VSMPO-AVISMA Corporation, the Russian Titanium manufacturer, have signed the biggest and longest-term contract in the history of Airbus/EADS co-operation with Russian industry. The agreement was signed recently in Moscow by Sergey Chemezov, General Director of the Russian Technologies State Corporation and Tom Enders, president and Chief Executive Officer (CEO) of Airbus in the presence of Vladimir Putin, Russian Prime-Minister, Walter Jürgen Schmid, German Ambassador to Russia, Jean de Gliniasty, French Ambassador to Russia and Juan Antonio March Pujol, Spanish Ambassador to Russia.
The agreement covers the supply of Titanium to Airbus and other EADS Divisions until 2020. The scope of the contract includes the supply of Titanium and covers die forging parts for all existing Airbus aircraft, including new programmes such as the A350XWB. VSMPO-AVISMA Corporation may also machine Titanium products in order to develop a vertically integrated Titanium supply chain, starting from raw materials to finished products.
The contract comes as a confirmation of the framework agreement signed in July 2008 at Farnborough Airshow. The new agreement further boosts the relationship between the companies, which dates back to the early 1990s. It also enlarges Airbus' co-operation with the Russian aviation industry, which currently includes production of components for Airbus at Russian plants, passenger to freighter aircraft conversions, and joint research and technology projects.