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Alcoa bags titanium contract for Lockheed's F-35

Oct. 07, 2015 9:48 AM ETAlcoa Corporation (AA) StockAA, LMTBy: Yoel Minkoff, SA News Editor23 Comments
  • Under a nine-year deal, Alcoa (AA +0.6%) will supply titanium for Lockheed Martin's (LMT +1.6%) F-35 Joint Strike Fighter program.
  • At current projected build rates, the contract has an estimated value of approximately $1.1B.

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