MOSCOW, July 14 Russia's VSMPO-Avisma (VSMO.MM),
the world's largest titanium producer, said on Monday it has
signed a deal to supply up to $4 billion in titanium products to
Airbus and its parent EADS EAD.PA between now and 2020.
VSMPO-Avisma, controlled by state conglomerate Russian
Technologies, said in a statement the deal would cover the
supply of round and flat rolled titanium products and stampings
for contemporary Airbus models.
It said products would be supplied to other divisions of
EADS and that the three firms would consider further cooperation
with a view to vertically integrating production from raw
materials through to finished products.
VSMPO-Avisma, which has production facilities in Russia's
Ural mountains, exports about 70 percent of its products and
also counts U.S. aviation giant Boeing (BA.N) among its main
(Reporting by Robin Paxton, Editing by Peter Blackburn)