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Alcoa signs $1.1 billion supply deal with Pratt & Whitney
July 14, 2014 / 11:11 AM / 3 years ago

Alcoa signs $1.1 billion supply deal with Pratt & Whitney

(Reuters) - Alcoa Inc (AA.N) said it signed a 10-year supply agreement with Pratt & Whitney, a unit of United Technologies Corp (UTX.N), for $1.1 billion.

As part of the deal, Alcoa will supply key parts for Pratt & Whitney’s engines, including forging for aluminum fan blade for jet engines, the company said.

Reporting by Sweta Singh; Editing by Sriraj Kalluvila

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