ATI, Boeing Extend and Expand Titanium Supply Agreement, Reinforcing ATI's Position as Top Supplier of High-Performance Titanium Materials for Aerospace

ATI and Boeing have extended and expanded their long-term titanium supply agreement, solidifying ATI's position as a leading aerospace structures supplier. The agreement supports Boeing's commercial airplane programs and positions ATI to serve Boeing's third-party subsidiaries. ATI will supply a comprehensive portfolio of high-performance titanium materials to Boeing.

ATI Inc. (NYSE: ATI) has recently announced an extension and expansion of its long-term titanium supply agreement with Boeing, a significant move that further solidifies ATI's position as a leading supplier in the aerospace industry. The agreement, which supports Boeing's commercial airplane programs, positions ATI to serve Boeing's third-party subsidiaries and provide a comprehensive portfolio of high-performance titanium materials.

The extension of the agreement comes on the heels of ATI's strong second-quarter 2025 performance, where the company reported sales of $1.14 billion and net income attributable to ATI of $100.7 million, or $0.70 per share [1]. The aerospace and defense segment contributed $762 million in sales, representing 67% of the company's Q2 2025 sales, and demonstrated a year-over-year growth of 27% [1].

The agreement with Boeing is a strategic move that underscores ATI's commitment to growth and reliability. The company has been consistently delivering on its operational performance, with double-digit growth in net income, EPS, and adjusted EBITDA* on a year-over-year basis [1]. This latest development further reinforces ATI's market leadership and its ability to meet the increasing demand for high-performance materials in the aerospace industry.

ATI's President and CEO, Kimberly A. Fields, commented on the agreement, stating, "Our second quarter performance demonstrates strong, sustained demand in ATI's aerospace and defense end markets. Consistent operational performance drove double-digit growth in net income, EPS and adjusted EBITDA* on a year-over-year basis. We see demand increasing from our A&D customers as the industry looks toward ramping production and deliveries through the remainder of 2025 and continuing into 2026. Recent long-term contract extensions with both major airframe companies further underscore ATI's unique position in this industry" [1].

The extension and expansion of the agreement with Boeing are expected to drive further growth and profitability for ATI. The company continues to take a disciplined approach to capital allocation, balancing investments to support growth and reliability with returning capital to shareholders. In the second quarter of 2025, ATI delivered on its commitment to repurchase $250 million of its stock, bringing its total 2025 share repurchases to $320 million [1].

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