RTI International says signs 10-year supply deal with Boeing
Nov 12 (Reuters) - RTI International Metals Inc RTI.N said it signed a 10-year agreement with Boeing Co (BA.N: Cotización) to supply structural titanium components for the planemaker and defense contractor's 787 Dreamliner.
The contract is estimated to generate revenue in excess of $900 million over its term, which commences in 2008 and runs through 2017, the company said in a statement.
The deal is expected to hit full rate by mid 2010 generating revenue in excess of $100 million per year, it added. (Reporting by Aditi Samajpati in Bangalore; Editing by Deepak Kannan)
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