ATI and GE Aviation sign $2.5B long-term forging supply agreements

ATI and GE Aviation have agreed on new long-term contracts for isothermal and hot-die forgings for commercial jet engines, with total annual revenues averaging over $300 million and approximately $2.5 billion in total. The agreements take effect in January 2021.

“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.”newequipment.com

• 2 sources
• newequipment.comGE Books Long-Term Forging Supply with ATI | New Equipment DigestDec 10, 2019
• aviationweek.comATI, GE Aviation Renew Key Jet Engine Forging Supply Contracts | Aviation WeekMichael BrunoDec 10, 2019

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