Allegheny Technologies Inc. reported it has agreed with GE Aviation on terms for several, new long-term contracts to supply isothermal and hot-die forgings for production of commercial jet engines. The agreements will go into effect in January 2021, with total annual revenues averaging more than $300 million, or approximately $2.5 billion in total.
Pittsburgh-based ATI manufacturers castings, mill products, and machined components. Its specialty alloy products include titanium, nickel and cobalt alloys, stainless steels, and superalloys, as well as nickel-based alloy and titanium-based alloy powders.
The ATI Forged Products operation in Cudahy, WI, is in the midst of a three-year, $95-million capital investment project to add a fourth isothermal forging press and expand heat-treating capacity there. The project announced March 2018 is meant to address growing demand from the aerospace jet engine market.
GE Aviation manufactures turbofan, turbojet, turboprop, turboshaft, and propjet engines for commercial aviation OEMs. Among its major products are the GE 90, GE9x, GEnx, and CFM LEAP high-bypass turbofan engines, the latter produced through its joint-venture CFM International.
"We are pleased to extend and expand our six-decade partnership with GE Aviation," stated ATI president and CEO Robert S. Wetherbee. "These long-term agreements demonstrate the trust that GE Aviation places in ATI to deliver the highest quality materials and components to their production lines on-time."
"This is a great example of how we are developing key partnerships, like ATI, for the purpose of growing capability and capacity in the forging industry to ensure we can support our customers," stated Michael J. Wagner, GE Aviation’s global sourcing general manager.