ATI and Boeing extend and expand titanium supply long-term agreement

Core Viewpoint - The extension and expansion of the long-term titanium products agreement between ATI Inc. and Boeing strengthens ATI's position as a leading supplier of high-performance titanium materials for the aerospace industry [1][2]. Group 1: Agreement Details - The agreement supports Boeing's entire range of commercial airplane programs, including both narrowbody and widebody aircraft, with potential for growth [2]. - Under the agreement, ATI will supply a comprehensive portfolio of high-performance titanium materials, including long products (ingots, billets, rectangles, and bars) and flat-rolled products (plate, sheet, and coil) [3]. Group 2: Strategic Importance - The agreement reaffirms ATI's leadership in titanium at a time of increasing aerospace production and demand for differentiated materials, particularly in high-strength titanium alloys and sheet products [3]. - The agreement highlights ATI's critical role in the titanium supply chain and validates its strategic investments in expanding capacity and advancing titanium alloy sheet capabilities [4]. Group 3: Production Capabilities - The agreement includes titanium alloy sheet from ATI's new facility in Pageland, South Carolina, and leverages the strengths of both its Specialty Materials and Specialty Rolled Products businesses [4]. - ATI's materials and components are utilized in virtually every commercial aircraft platform currently in operation [4].