SYS-CON MEDIA Authors: Pat Romanski, Elizabeth White, Yeshim Deniz, Nikita Ivanov, Sean Houghton

News Feed Item

Boeing and Russian Technologies Seek to Expand Partnership in Titanium Supply and Commercial Aviation Services

MOSCOW, Oct. 30, 2012 /PRNewswire/ -- Boeing [NYSE: BA] and the State Corporation Russian Technologies (Rostech), a majority shareholder in the joint stock company VSMPO-AVISMA Corp., are working on an agreement to expand collaboration in titanium procurement and technology development. Boeing and Rostech also are seeking to increase their cooperation in commercial aviation services.

Ray Conner, Boeing Commercial Airplanes president and chief executive officer, and Sergey Chemezov, chairman of the board of VSMPO-AVISMA and chief executive officer of Russian Technologies Corp., pledged to work together to grow the relationship between the two companies.

"Rostech has been a reliable and valuable partner to Boeing in Russia for many years, and together we achieve results that allow us to grow our businesses," Conner said. "Boeing and Rostech are working hard to further expand our partnership and our mutually beneficial cooperation."

"Cooperation with Boeing allows us to offer new technological solutions for the global market. Today VSMPO-AVISMA is one of the largest titanium suppliers to Boeing and its key partner in the field of new alloy development," Chemezov said. "In recent years, the partners have developed three new technologies in a joint innovation center. Extending cooperation with Boeing will help us create even better and more competitive solutions for the global aviation industry."

Boeing and VSMPO-AVISMA are considering expansion of their titanium-production joint venture Ural Boeing Manufacturing (UBM) to support ongoing production increases for the Next-Generation 737. UBM has purchased four new advanced-technology machines to increase capacity for machining Next-Generation 737 landing gear beams. The machines are scheduled for installation in 2013. Supporting the 737 program, the most popular jet in commercial aviation history, would be a significant milestone and business opportunity for UBM. VSMPO-AVISMA has been a Boeing partner and supplier of raw material and titanium parts through a series of long-term purchasing agreements dating back to 1997, when Boeing awarded its first contract to the Russian titanium producer.

Boeing and VSMPO-AVISMA also are working to continue joint support of the Titanium Innovation Center. The center has developed three new technologies that have been utilized in production of the 787 Dreamliner and Next-Generation 737 and may also be used by the Russian aerospace industry. Among these technologies are a new high-strength titanium alloy and a technology for fabrication of titanium sheets for super-plastic forming. The companies will continue developing technologies and alloys to further reduce the cost of titanium parts in commercial airplane manufacturing.

In commercial aviation services, the two companies are seeking to work together to develop a component management service to support Russian airline customers. This could reduce investment costs, simplify logistics and reduce delivery time of critical spare parts to Russian airlines. The companies also are exploring ways for Boeing to assist Rostech in further development of in-country repair and overhaul capability for Western aircraft components, in order to grow aviation parts repair and overhaul organizations within Russia. Going forward, this expertise can support Rostech's ability to build an efficient and reliable support infrastructure for Russian-made jets such as the Sukhoi Superjet 100.

In July 2009, Boeing and VSMPO-AVISMA opened UBM as a 50/50 equity joint venture based in Verkhnyaya Salda, Russia. UBM is a state-of-the-art facility that machines titanium forgings for the world's most technologically advanced airplane – the 787. Boeing forecasts that over the next 30 years it will spend as much as $27 billion on Russian titanium, aerospace design-engineering services and a variety of other services and materials.

Boeing and the Russian aerospace industry enjoy a mutually beneficial partnership that began more than 15 years ago. Two key Boeing centers are located in Moscow. The Technical Research Center develops projects related to cutting-edge technology including new materials, prototyping and aerodynamics. The Boeing Design Center supports all major Boeing Commercial Airplanes programs and employs more than 1,250 engineers through contracts with leading Russian engineering firms.

VSMPO-AVISMA is the world's largest titanium producer, occupying more than 25 percent of the world titanium market and the major supplier of titanium to Russia. The main shareholder is Rostech, which owns more than 70 percent of the company. VSMPO-AVISMA has long-term contracts with the leading foreign aircraft manufacturers.

About Russian Technologies
The Russian Technologies State Corporation, established in November 2007, assists Russian industrial organizations in design, production and sales in the domestic and foreign hi-tech product markets, as well as in applied research of promising trends in scientific and technical development and introduction of advanced technologies to improve the level of Russian research projects and reduce their production time and costs. Russian Technologies State Corporation includes Rosoboronexport, Oboronprom, Russpetsstal CJSC, VSMPO-AVISMA Corporation, AvtoVAZ and other companies.

About Boeing
Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. For more information about Boeing please visit www.boeing.com.

Contact:
Dmitry Krol
Boeing Communications
+7 495 797 3415
[email protected]

SOURCE Boeing

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...