DUBAI: New pact to lift Russian forgings work for Boeing

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Russian industrial conglomerate Rostec is to establish a second Ural Boeing Manufacturing production facility under a memorandum of understanding signed with the US airframer during the Dubai air show.

Ural Boeing Manufacturing, the airframer's joint venture with and Russian titanium specialist VSMPO-Avisma, is to double production of titanium forgings for Boeing jets by 2016. The first first Ural Boeing Manufacturing facility opened in Verkhnyaya Salda in 2009 making titanium forgings for Boeing 787s.

Under the memorandum of understanding, the two sides intend to begin building the second phase of the plant in Verkhnaya Salda in 2014.

It will fabricate both rough-machined and finished titanium parts for the Boeing 787, 737Max and 777X programmes, says VSMPO-Avisma.

The new facility will employ around 100 staff and use the state-of the-art technology enabling it to double output and lower production costs.

The two partners have also agreed to step up efforts within the framework of a joint research centre for developing new titanium alloys.