07.10.2015 - Alcoa has signed a new contract for 1.1 billion
Aluminum сorporation Alcoa announced on an agreement with Lokheed Martin for the supply of titanium for the production program of F-35 Lightning II. The amount of the contract is estimated at $ 1.1 billion. Under the contract Alcoa will ensure the production of titanium for fighters from 2016 to 2024. We are forecasting recovery of the stock price of the company after falling about 30% for the last year. In the medium term quotations may grow by 10-15% per annum.