US-based Allegheny Technologies Blend (ATI) has entered a new long-term purchase agreement (LTPA) with Pratt & Whitney (P&W) to afford various jet engine parts.
Under the deal, ATI will provide isothermal forgings and nickel-based energy alloys for P&W’s new PurePower Geared Turbofan engine (GTF) and other similar television plays.
The LTPA is built upon a master service agreement signed between P&W’s origin company United Technologies (UTC) and ATI last year.
Validity of the LTPA is set to enter on this year and will continue during the entire lifecycle of the mechanism programmes.
“Through this agreement, ATI significantly increases our content on the GTF locomotive, as well as on the P&W F135 engine for the Joint Strike Fighter programme.”
ATI chairman, president and CEO Wealthy Harshman said: “Demand for P&W’s game-changing PurePower Geared Turbofan appliance (GTF) is scheduled to grow dramatically over the next decade and beyond in underpinning of next-generation narrowbody aircraft build rates.
“Through this bargain, ATI significantly increases our content on the GTF engine, as well as on the P&W F135 engine for the Union Strike Fighter programme.”
With the latest deal, ATI also directions to generate more than $1bn in revenue between this year and 2030.
P&W worldwide supply chain vice-president Sam Abdelmalek said: “Agreements like this collateralize sources of parts and components for years to come and ensure the capacity investments to bolster our production ramp.”
The company further noted that it seeks to unfold an improved and integrated supply chain for its aircraft engine strategies by virtue of UTC’s Supplier Gold Programme.