NILES, Ohio (Business Wire) -- RTI International Metals, Inc., (NYSE:RTI) announced today that through its European subsidiary, RTI Europe Ltd., it has reached agreement with Europe's largest aerospace group, European Aeronautic Defence and Space Company ("EADS"), to supply value-added titanium products and services through 2008.
The products will support the production of the highly successful Airbus family of civil aircraft, including the newest and largest commercial airplane in production, the A380, as well as EADS military programs. The contract increases RTI's long-term involvement in these programs, as the largest U.S. titanium supplier. In addition to titanium mill products, RTI will supply cut-to-size, machined and water-jet cut parts direct to EADS and Airbus manufacturing plants in France, Germany, Spain, and the UK from its processing facilities in Europe.
"This contract reflects the success of RTI's Fabrication & Distribution Group to add value to its products and the supply chain and continues a 30-year partnership with Airbus," said John Odle, Executive Vice President.
RTI International Metals(R), headquartered in Niles, Ohio, is one of the world's largest producers of titanium. Through its various subsidiaries, RTI manufactures and distributes titanium and specialty metal mill products, extruded shapes, formed parts and engineered systems for aerospace, industrial, defense, energy, chemical and consumer applications for customers around the world. To learn more about RTI International Metals, Inc., please visit our website at www.rtiintl.com.
RTI International Metals, Inc., Niles
Richard E. Leone, 330-544-7622
rleone@rtiintl.com
© Business Wire
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