• 25/05/2012
  • |     BB

Constellium and Airbus Sign Multi-Year Contract

Constellium announces today that it has signed a multi-year agreement with Airbus estimated at approximately US$2 billion of value for the delivery of aluminium rolled products.

Trefwoorden: #airbus, #constellium

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( Foto: Airbus )

ENGINEERINGNET.EU -- Under the new contract, Constellium will supply Airbus with aluminium rolled products for airframes including wing skin panels and stringers, aero-sheets for fuselage panels, as well as rectangular and pre-machined plates for structural components.

In addition Constellium aluminium will be used across all key Airbus and EADS programs, and in particular will accompany the evolution of the A320.

Leveraging aluminium's high level of recyclability without property loss, both companies intend to increase the recycling share of the aluminium chips generated during the manufacturing process.

The products covered by this contract will be supplied from Constellium's major plants in Ravenswood (United States), Issoire (France) and Sierre (Switzerland).

The specific terms of the contract were not disclosed.


BACKGROUND
Constellium, formerly Alcan Engineered Products, has over 9,000 employees and owned by affiliates of Apollo Global Management (51%), Rio Tinto (39%) and the "Fonds Stratégique d'Investissement" FSI (10%). Constellium generated €3.5 billion of revenue in 2011.