MAJOR DEALS


MAJOR DEALS

Selling titanium

RTI International Metals is investing in its operations and building new plants because of these contracts:

JOINT STRIKE FIGHTER

Revenue: up to $2 billion.

Supply: 8 million pounds of titanium annually.

Contract length: through 2020.

Military contractor: Lockheed Martin

Program: Supplying titanium for a new plane, called the F-35 Joint Strike Fighter.

Announced: May 2007.

AIRBUS

Revenue: $1.1 billion.

Supply: A total of at least 45 million pounds of titanium.

Contract length: For 11 years, beginning in 2010.

Customer: Airbus, a European-based supplier of commercial aircraft.

Program: New commercial aircraft models.

Announced: September 2007.

Source: Vindicator files