- Benzinga•11 months ago
In a research note issued Wednesday, Probes Reporter looked into Alcoa Inc (NYSE: AA ). The experts note that, “Happy Talk Aside, There’s Real Danger in That Recently-Closed RTI International Metals Acquisition.” ...
- American City Business Journals•11 months ago
Alcoa Inc.'s recent acquisition of Pittsburgh-based RTI International Metals Inc. has landed the aluminum maker a big payday. On Wednesday, Alcoa (AA) announced it has signed a contract valued at $1.1 billion to supply titanium for Lockheed Martin Corp.'s (LMT) F-35 Lighting II aircraft program, also known as the Joint Strike Fighter. Under the terms of the contract, Alcoa will be the titanium supplier for airframe structures for all three variants of the aircraft over nine years, from 2016 to 2024.
- Motley Fool•last year
With the buyout having received final approval from RTI shareholders, Alcoa hopes to build up its strength in lightweight metals.
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