NEW YORK RTI International Metals Inc. has signed a new seven-year supply agreement with Bombardier Aerospace, a unit of Montreal-based Bombardier Inc.
The companys RTI Claro Inc. subsidiary in Montreal will supply machined parts and components to the Canadian aircraft builders newest commercial airliner under a contract that runs through 2019.
RTI didnt reveal the financial details or amounts of metal involved in the agreement, which was announced at this weeks Paris Air Show in Le Bourget, France.
RTI said the new contract, which replaced a recently expired supply agreement, calls for RTI to manufacture components and assemblies not previously provided by RTI. It includes a role for RTI on new Bombardier programs such as the its CSeries airliner as well as the companys Learjet 85, Global 7000 and Global 8000 business aircraft. RTI Claro will continue to supply Bombardiers CRJ Series regional jets as well as its Challenger and Global business jets.
RTI said it expects to start delivering additional components and assemblies as new equipment investments at Claro come online this year. In addition to titanium, the new agreement calls for Claro to provide Bombardier with larger aluminum components, the Pittsburgh-based titanium producer, distributor and fabricator said.
Dawne Hickton, vice chairwoman, president and chief executive officer, said the nature of RTIs work under the new agreement will require it to work with Bombardier as a more integrated part of their supply chain.
RTI Claro has been a supplier to Bombardier, also based in Montreal, for 25 years, prior to its 2004 acquisition by RTI, which marked RTIs first significant move into downstream machining.