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
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