Boeing, United Technologies stockpile titanium parts on Russian supply worries

Boeing (NYSE:BA) and United Technologies (NYSE:UTX) have been stockpiling titanium parts in case rising economic tensions disrupt supplies from the Russian producer the two U.S. companies rely on for the metal that is critical to building jetliners, WSJ reports.

The aerospace giants, as well as Europe's Airbus (OTCPK:EADSF, OTCPK:EADSY), buy a substantial share of their titanium from VSMPO, the world's largest titanium producer; VSMPO also supplies ~35% of the titanium Boeing uses for commercial jetliners, with U.S. companies Allegheny Technologies (NYSE:ATI), RTI International Metals (NYSE:RTI) and Precision Castparts (NYSE:PCP) unit Titanium Metals supplying the rest.

BA and UTX are said to have been stockpiling as much as six extra months' supply of highly customized titanium forgings.

From other sites
Comments (6)
  • swgalley
    , contributor
    Comments (2) | Send Message
    Buy american and you would have an advantage over airbus because of this.
    7 Aug 2014, 06:41 PM Reply Like
  • mydogmoe
    , contributor
    Comments (1361) | Send Message
    Airbus has a huge facility in Mobile Alabama and are hiring hundreds. Collaterally there will be thousands of jobs added. Mercedes, Honda and Hundai also manufacture vehicles in Alabama employing tens of thousands. Foreign manufacturers are thriving in Alabama and other southern states...
    9 Aug 2014, 09:52 AM Reply Like
  • mydogmoe
    , contributor
    Comments (1361) | Send Message
    Good business moves by both of them. These are nonperishable commodities other than their cost. They made a you can't trust Russia bet. Good bet or bad bet, what do you think?......
    7 Aug 2014, 08:37 PM Reply Like
  • 25348853
    , contributor
    Comments (29) | Send Message
    A Management teams acting responsible for future risks, i like it. will be adding to one of this stocks today.
    8 Aug 2014, 01:36 PM Reply Like
  • bberuch
    , contributor
    Comments (314) | Send Message
    thinking ahead is good planning!
    10 Aug 2014, 12:49 PM Reply Like
  • joegillam
    , contributor
    Comments (1141) | Send Message
    I have heard figures well over the 35% stated in the article. If Russia cuts off their head to spite their face Boeing will feel it for sure!


    Joe In Georgia
    12 Aug 2014, 08:24 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs