Boeing and vsmpo-avisma agree on titanium supplies and technology collaboration for years to come

Dubai, united arab emirates, nov. 15, 2021 /prnewswire/ -- boeing (nyse: ba) and russian titanium producer vsmpo-avisma have signed a memorandum of understanding (mou) affirming that vsmpo-avisma will remain the largest titanium supplier for current and future boeing commercial airplanes. under the mou signed by company leaders at the dubai airshow, boeing and vsmpo-avisma will work together to: increase utilization of their russia-based ural boeing manufacturing (ubm) joint venture; increase r&d investment and continue to develop new titanium alloys and technologies; explore new opportunities to expand vsmpo-avisma's role producing titanium parts and components beyond raw material or forging, for current and future boeing commercial airplanes.
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