Alcoa’s agreement to acquire integrated titanium producer RTI International Metals in a $1.5-billion, all-stock deal will bring new material resources and new production technologies into its portfolio and broaden its capabilities for various processes (including forging) it's engaged in already.
But, another way to understand the RTI purchase is as the latest flourish in a multi-year, multi-billion-dollar effort to situate Alcoa even more solidly in the aerospace supply chain.
Alcoa operations, acquisitions of complementary organizations, and production and supply agreements, the company has transformed itself into something more than an aluminum producer.
