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15 Aug, 2006 06:12

Russian titanium for Boeing jets

Russian titanium for Boeing jets

The world’s largest titanium producer, Russia's VSMPO-Avismo, will supply U.S. aircraft giant Boeing. The plane-maker will buy titanium products worth more than $18 billion over the next 30 years.

They did the deal the day President Vladimir Putin met Boeing executives in Moscow, pledging to support the company's business in Russia. Boeing-Russia’s president told Business Today that Putin did not discuss sanctions imposed by the U.S. against Russian defence firms.