UPDATE 1-Russia's VSMPO, Boeing sign titanium supply deal http://www.reuters.com/article/AIRDEF/idUSL2753317620071227
Thu Dec 27, 2007
(Updates with signing)
MOSCOW, Dec 27 (Reuters) - Russia's VSMPO-Avisma (VSMO.MM: Quote, Profile, Research), the world's largest titanium producer, on Thursday signed a supply deal worth over $1 billion with U.S. aircraft maker Boeing Co (BA.N: Quote, Profile, Research).
VSMPO-Avisma will supply Boeing with titanium, a lightweight metal, under a deal running from 2011 to 2015, while under a longer term agreement Boeing will launch a major investment programme in Russia. http://www.reuters.com/article/AIRDEF/idUSL2753317620071227