Alcoa Fastening Systems, a unit of Alcoa (AA: Quote), said Monday it has signed a strategic technology and commercial cooperation agreement with Commercial Aircraft of China Ltd., or COMAC.
The deal deepens Alcoa’s existing partnership with COMAC, the main manufacturer of large passenger aircraft programs in China, and reinforces Alcoa’s presence in one of the world’s fastest growing aerospace markets.
AFS will provide COMAC with technical assistance in fastener and assembly tooling selection, joint design consideration and quality system management. COMAC will purchase a significant percentage of its fasteners from AFS for the initial production of the C919 aircraft.
Click here to receive FREE breaking news email alerts for Alcoa Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.comBusiness News