ATI signs multi-year agreement with Airbus for titanium plate, sheet and billet
ATI Inc. (NYSE: ATI) has secured a significant multi-year agreement with Airbus to supply titanium plate, sheet, and billet products, positioning ATI as a top supplier for the aircraft manufacturer. The guaranteed share contract more than doubles ATI's previous support of Airbus, supporting the airframer's production ramp-up of narrow and widebody aircraft.
The agreement leverages ATI's integrated production capabilities, from melting to finished products, with alloy titanium sheet production at their new Pageland, South Carolina facility. ATI's materials are currently used in virtually every commercial aircraft platform, demonstrating their established presence in aerospace manufacturing.
ATI Inc. (NYSE: ATI) ha ottenuto un importante accordo pluriennale con Airbus per la fornitura di lastre, lamiere e billette in titanio, consolidando ATI come uno dei principali fornitori del costruttore aeronautico. Il contratto con quota garantita pi霉 che raddoppia il precedente supporto di ATI ad Airbus, sostenendo l'aumento della produzione di aeromobili a fusoliera stretta e larga.
L'accordo sfrutta le capacit脿 produttive integrate di ATI, dalla fusione al prodotto finito, con la produzione di lamiere in titanio legato presso il nuovo stabilimento di Pageland, Carolina del Sud. I materiali di ATI sono attualmente utilizzati in quasi tutte le piattaforme di aeromobili commerciali, dimostrando la loro presenza consolidata nella produzione aerospaziale.
ATI Inc. (NYSE: ATI) ha asegurado un importante acuerdo multianual con Airbus para suministrar placas, l谩minas y lingotes de titanio, posicionando a ATI como un proveedor principal para el fabricante de aviones. El contrato con cuota garantizada m谩s que duplica el apoyo previo de ATI a Airbus, apoyando el aumento de producci贸n de aeronaves de fuselaje estrecho y ancho.
El acuerdo aprovecha las capacidades integradas de producci贸n de ATI, desde la fusi贸n hasta los productos terminados, con la producci贸n de l谩minas de aleaci贸n de titanio en su nueva planta de Pageland, Carolina del Sur. Los materiales de ATI se utilizan actualmente en pr谩cticamente todas las plataformas de aeronaves comerciales, demostrando su presencia consolidada en la fabricaci贸n aeroespacial.
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ATI Inc. (NYSE: ATI) a conclu un accord pluriannuel important avec Airbus pour fournir des plaques, feuilles et billettes en titane, positionnant ATI comme un fournisseur majeur du constructeur a茅ronautique. Le contrat avec une part garantie plus que double le soutien pr茅c茅dent d'ATI 脿 Airbus, soutenant l'augmentation de la production d'avions 脿 fuselage 茅troit et large.
L'accord tire parti des capacit茅s de production int茅gr茅es d'ATI, de la fusion aux produits finis, avec la production de feuilles en alliage de titane dans leur nouvelle installation de Pageland, en Caroline du Sud. Les mat茅riaux d'ATI sont actuellement utilis茅s sur pratiquement toutes les plateformes d'avions commerciaux, d茅montrant leur pr茅sence 茅tablie dans la fabrication a茅rospatiale.
ATI Inc. (NYSE: ATI) hat eine bedeutende mehrj盲hrige Vereinbarung mit Airbus abgeschlossen, um Titanplatten, -bleche und -barren zu liefern, wodurch ATI als f眉hrender Zulieferer f眉r den Flugzeughersteller positioniert wird. Der garantierte Anteil im Vertrag verdoppelt ATIs bisherige Unterst眉tzung f眉r Airbus mehr als und unterst眉tzt die Produktionssteigerung von Narrow- und Widebody-Flugzeugen.
Die Vereinbarung nutzt ATIs integrierte Produktionskapazit盲ten von der Schmelze bis zum Fertigprodukt, einschlie脽lich der Herstellung von Titanlegierungsblechen in der neuen Anlage in Pageland, South Carolina. ATIs Materialien werden derzeit in nahezu jeder kommerziellen Flugzeugplattform eingesetzt, was ihre etablierte Pr盲senz in der Luft- und Raumfahrtfertigung unterstreicht.
- More than doubles ATI's previous support volume to Airbus
- Secures long-term revenue stream through guaranteed share contract
- Leverages new production facility in Pageland, South Carolina
- Strengthens ATI's position as a top supplier in aerospace industry
- None.
Insights
ATI secures major Airbus supply contract, doubling previous business and strengthening its aerospace market position.
This multi-year agreement with Airbus represents a significant commercial breakthrough for ATI in the aerospace materials sector. By more than doubling their previous business relationship with Airbus, ATI has secured a premier position in the titanium supply chain for one of the world's largest aircraft manufacturers during a critical production ramp-up phase.
The timing is particularly strategic as Airbus works to increase production of both narrow and widebody aircraft. ATI's ability to leverage its integrated production capabilities鈥攆rom melting to finished product鈥攑ositions them as a comprehensive supplier capable of meeting Airbus's stringent requirements for high-purity titanium products.
The contract's significance extends beyond immediate revenue benefits. It validates ATI's recent capital investments, particularly in their new Pageland, South Carolina operation for alloy titanium sheet production. These investments in expanded titanium capacity appear well-timed to capitalize on the aerospace industry's post-pandemic recovery and production increases.
From a competitive standpoint, this agreement strengthens ATI's market position as they've now successfully diversified to serve all major aircraft OEMs across both airframes and engines. This reduces dependency on any single customer and mitigates market exposure risk. The guaranteed share nature of the contract also provides valuable production volume predictability, allowing for improved operational planning and efficiency.
While specific financial terms aren't disclosed, the multi-year structure delivers revenue stability that shareholders typically value highly, especially in the cyclical aerospace materials sector. This agreement reinforces ATI's strategic positioning as a premium supplier in the high-performance materials space with significant exposure to the recovering commercial aerospace market.
Positions ATI as a top supplier to Airbus of titanium flat rolled and long products
"We are honored to partner with Airbus on this guaranteed share contract, which more than doubles ATI's prior support of Airbus," said聽ATI President and CEO Kimberly A. Fields. "Our investments in titanium capacity give us the ability to respond to our customer's increased need for high purity melt and exceptional titanium products聽as they grow their production," she said.
ATI's industry-leading production capabilities across its integrated flow paths, from melting to finished products, will be available to Airbus. Enabled by strategic investments in melting, plate, sheet and billet production, ATI provides a reliable and unified supply solution. Alloy titanium sheet will be produced at ATI's new operation in
ATI's materials and components are on virtually every commercial platform flying today. "As we further strengthen our position as an aerospace and defense leader, we've diversified to serve every original equipment manufacturer on both airframes and engines," said Fields. "This long-term agreement demonstrates the confidence Airbus places in ATI to deliver the highest quality, high performing materials on-time. ATI is proud to support Airbus and looks forward to growing together."
ATI: Proven to Perform
ATI (NYSE: ATI) is a producer of high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. Learn more at聽ATImaterials.com.
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Certain statements in this news release relate to future events and expectations and, as such, constitute forward-looking statements. Forward-looking statements, which may contain such words as "anticipates," "believes," "estimates," "expects," "would," "should," "will," "will likely result," "forecast," "outlook," "projects," and similar expressions, are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control. Our performance or achievements may differ materially from those expressed or implied in any forward-looking statements due to the following factors, among others: (a) material adverse changes in economic or industry conditions generally, including global supply and demand conditions and prices for our specialty materials and changes in international trade duties and other aspects of international trade policy; (b) material adverse changes in the markets we serve; (c) our inability to achieve the level of cost savings, productivity improvements, synergies, growth or other benefits anticipated by management from strategic investments and the integration of acquired businesses; (d) volatility in the price and availability of the raw materials that are critical to the manufacture of our products; (e) declines in the value of our defined benefit pension plan assets or unfavorable changes in laws or regulations that govern pension plan funding; (f) labor disputes or work stoppages; (g) equipment outages; (h) business and economic disruptions associated with extraordinary events beyond our control, such as war, terrorism, international conflicts, public health issues, such as epidemics or pandemics, natural disasters and climate-related events that may arise in the future and (i) other risk factors summarized in our Annual Report on Form 10-K for the year ended December 29, 2024, and in other reports filed with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.
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