Constellium signs a multi-year contract with Boeing to supply advanced aerospace aluminium solutions
September 05 2018 - 8:00AM
Constellium signs a multi-year contract with Boeing to supply
advanced aerospace aluminium solutions
Constellium N.V. (NYSE: CSTM) announced today that it has signed a
multi-year agreement with The Boeing Company to support its leading
commercial airplane programs. With this agreement, Constellium
further strengthens its longstanding partnership with Boeing and
confirms its leadership position for aerospace aluminium products
and solutions.
Under the new agreement, Constellium will supply
Boeing with a broad range of advanced aluminium rolled products
coming mostly from its plant in Ravenswood, West Virginia.
“This new contract reflects the strong
relationship established over the years with Boeing,” said Ingrid
Joerg, President of Constellium’s Aerospace and Transportation
business unit. “We look forward to continuing to support Boeing in
its commercial airplane programs.”
A global leader for aerospace aluminium plate
production, Constellium is a major partner of aircraft
manufacturers all over the world. As the leading provider of
pre-machining and custom-designed aerospace materials, and the
producer of many advanced proprietary alloys and technologies such
as Airware®, its aluminium-lithium alloy solutions, Constellium
offers sustainable growth solutions to its customers.
About Constellium
Constellium (NYSE: CSTM) is a global sector leader that develops
innovative, value added aluminium products for a broad scope of
markets and applications, including automotive, aerospace and
packaging. Constellium generated €5.2 billion of revenue in
2017.
www.constellium.com
Forward Looking Statement
Certain statements contained in this press
release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
This press release may contain “forward-looking statements” with
respect to our business, results of operations and financial
condition, and our expectations or beliefs concerning future events
and conditions. You can identify forward-looking statements
because they contain words such as, but not limited to, “believes,”
“expects,” “may,” “should,” “approximately,” “anticipates,”
“estimates,” “intends,” “plans,” “targets,” likely,” “will,”
“would,” “could” and similar expressions (or the negative of these
terminologies or expressions). All forward-looking statements
involve risks and uncertainties. Many risks and uncertainties are
inherent in our industry and markets. Others are more specific to
our business and operations. These risks and uncertainties
include, but are not limited to, economic downturn, the loss of key
customers, suppliers or other business relationships; disruption to
business operations; the inability to meet customer quality
requirements; delayed readiness for the North American
Auto Body Sheet market, the capacity and effectiveness of our
hedging policy activities, failure to retain key employees, and
other risk factors set forth under the heading “Risk Factors” in
our Annual Report on Form 20-F, and as described from time to
time in subsequent reports filed with the U.S. Securities and
Exchange Commission. The occurrence of the events described and the
achievement of the expected results depend on many events, some or
all of which are not predictable or within our control.
Consequently, actual results may differ materially from the
forward-looking statements contained in this press release. We
undertake no obligation to update or revise any forward-looking
statement as a result of new information, future events or
otherwise, except as required by law.
Delphine Dahan-Kocher – Communications, NAPhone:
+1 (212) 858
9963delphine.dahan-kocher@constellium.com Ryan
Wentling – Investor Relations Phone: +1 (212) 675
5450Investor-relations@constellium.com |
|
Noemie
Fierens – Communications, Europe Phone: +33 (0)1 73 01 46
73noemie.fierens@constellium.com Josee Robert
– Communications, Aerospace and TransportationPhone: +33 1 73 01 46
85josee.robert@constellium.com |
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