ATI Extends Partnership with Boeing as Leading Aerospace Supplier

ATI Inc. extends and expands its long-term titanium products agreement with Boeing, solidifying its position as a leading aerospace structures supplier. The agreement supports Boeing's commercial airplane programs, including narrowbody and widebody, with the potential to grow. ATI is also set to serve Boeing's third-party subsidiaries under the agreement. The agreement reaffirms ATI's leadership in titanium and deepens its position in high-strength titanium alloys and sheet products.

ATI Inc. (NYSE: ATI) has extended and expanded its long-term titanium products agreement with Boeing, further cementing its position as a leading supplier of aerospace structures. The agreement, which supports Boeing's commercial airplane programs, including narrowbody and widebody aircraft, also extends to Boeing's third-party subsidiaries. This expansion underscores ATI's leadership in titanium and deepens its role in high-strength titanium alloys and sheet products.

The extended agreement follows ATI's strong performance in the second quarter of 2025, as reported on July 31, 2025. The company saw year-over-year sales growth driven by aerospace and defense, with sales of $762 million representing 67% of Q2 2025 sales. This growth was fueled by a 27% year-over-year increase in commercial jet engine sales. ATI's adjusted net income attributable to ATI for the second quarter 2025 was $106 million, up 24% year-over-year, with adjusted earnings per share of $0.74 [1].

The agreement with Boeing is a strategic move for ATI, aligning with its focus on growth and reliability in the aerospace and defense sector. ATI has demonstrated a disciplined approach to capital allocation, balancing investments with shareholder returns. During the second quarter, ATI repurchased $250 million of its stock, bringing its total 2025 share repurchases to $320 million [1].

The agreement with Boeing not only supports ATI's current operations but also positions the company for future growth. As Boeing ramps up production and deliveries through 2025 and into 2026, ATI's role as a key supplier of titanium products is set to increase, further enhancing its market leadership.

References:
[1] https://www.marketscreener.com/news/ati-announces-second-quarter-2025-results-ce7c5fdddb88f426