RTI gets huge Boeing deal


WEATHERSFIELD — RTI International Metals has signed a 10-year deal to supply titanium components for the new Boeing 787 Dreamliner.

The deal will produce a total of $900 million in revenue for the Weathersfield-based company, starting next year.

RTI’s Houston and Montreal plants will produce components used for seat tracks on the floor of the plane.

Since May, RTI has announced long-term contracts that will produce about $4 billion in revenue.

RTI stock lost 94 cents a share, or 1.4 percent, Monday to close at $67.47. The stock has traded between $58.42 and $101.49 in the past year.

The latest contract extends RTI’s role with the Dreamliner, a new model that is expected to begin flying next year.

For more, see Tuesday’s Vindicator and Vindy.com