ATI and Boeing extend and expand titanium supply long-term agreement
ATI and Boeing extend and expand titanium supply long-term agreement |
| [31-July-2025] |
Agreement strengthens ATI's role as leading aerospace structures supplier DALLAS, July 31, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) today announced the extension and expansion of its long-term titanium products agreement with The Boeing Company, reinforcing ATI's position as a top supplier of high-performance titanium materials for aerospace.
The agreement supports Boeing's full suite of commercial airplane programs—both narrowbody and widebody—with opportunity to grow. ATI is also positioned to serve Boeing's third-party subsidiaries under terms of the agreement. "We're proud to expand our decades-long partnership with Boeing," said Kimberly Fields, ATI President and CEO. "This agreement reaffirms ATI's leadership in titanium at a time of accelerating aerospace production and growing demand for differentiated materials. It also deepens our position in high-strength titanium alloys and sheet products—strategic focus areas for ATI and our customers." Under the terms of the agreement, ATI will supply a comprehensive portfolio of high-performance titanium materials, including long products—such as ingots, billets, rectangles, and bars—and flat-rolled products, including plate, sheet, and coil. "This agreement highlights ATI's critical role in the titanium supply chain and validates our strategic investments—especially in expanding capacity and advancing titanium alloy sheet capabilities," Fields added. "It includes titanium alloy sheet from our new Pageland, South Carolina, facility and draws on the strengths of both our Specialty Materials and Specialty Rolled Products businesses. We're delivering high-quality, differentiated titanium solutions at scale to support the next generation of commercial aircraft." ATI's materials and components are on virtually every commercial platform flying today. ATI: Proven to Perform 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.
SOURCE ATI | ||
Company Codes: NYSE:ATI |
View original content to download multimedia:
