Constellium: multi-year supply agreement with Bombardier.
(CercleFinance.com) - Constellium has signed a multi-year agreement with Bombardier to supply flat rolled products for a number of the Canadian planemaker's aircraft programs, such as the C Series.
Bombardier's C Series aircraft aluminium-lithium fuselage sheets and extrusions are already all supplied by Constellium, the company said, adding that the deal will strengthen its position as a "strategic supplier."
Bombardier will be served by Constellium's facilities in Ravenswood, USA and Issoire, France, Constellium said.
The shares were up 3.2 percent at around 9.4 euros this morning on Euronext Paris.
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Bombardier's C Series aircraft aluminium-lithium fuselage sheets and extrusions are already all supplied by Constellium, the company said, adding that the deal will strengthen its position as a "strategic supplier."
Bombardier will be served by Constellium's facilities in Ravenswood, USA and Issoire, France, Constellium said.
The shares were up 3.2 percent at around 9.4 euros this morning on Euronext Paris.
Copyright (c) 2017 CercleFinance.com. All rights reserved.