VSMPO-AVISMA and PFW Aerospace GmbH Sign Long-Term Agreement
OREANDA-NEWS. VSMPO-VISMA Corporation, the Russian manufacturer of titanium, aluminium and steel semi-finished products, and PFW Aerospace GmbH, the German original equipment manufacturer of aerospace tubing and ducting systems, have signed a long-term agreement for supply of titanium seamless tubing by VSMPO-AVISMA Corporation subsidiary, VSMPO Titan Ukraine.
According to the contract VSMPO-AVISMA will become a major supplier of titanium tubes to PFW through 2019. The tubes will be used for hydraulic systems of Boeing 787 and 747-8 aircraft.
“This agreement is an important step for our company into the market of aerospace seamless tubing, - commented sigining Mikhail Voevodin, CEO of VSMPO AVISMA Corporation. - And we are happy to start our long-term cooperation with such respected partner as PFW Aerospace. Titanium tubes for high-pressure hydraulic systems are considered as one of the most advanced products on the titanium market and fabrication of such tubes is performed by just a few qualified producers and VSMPO-AVISMA is among them”.
“The new supply contract with VSMPO AVISMA Corporation is an important part of the future Titanium tubing supply chain of PFW”, states Jordi Boto, Managing Director of PFW Aerospace Group. “We are entering into this new strategic partnership with VSMPO at high ambitions and expectations to develop a new supply chain into the Titanium semi-finished products market with high quality products and sustainable performance. Building this supply platform with VSMPO AVISMA is key for the future business development and growth of PFW in Titanium tubing systems”.
Комментарии