MOSCOW TIME: 11.12.2018 05:47:30

Companies

Boeing plans to spend $27 bln on purchases in Russia in next 30 years

Boeing plans to spend $27 bln on purchases in Russia in next 30 years

Boeing plans to spend a total of $27 bln in the next 30 years on direct purchases in Russia.

"Out of $27 bln that we are planning to spend on direct purchases in Russia within the next 30 years, $18 bln accounts for titanium purchases," President of Boeing in Russia and the CIS Sergey Kravchenko said.

Currently the company purchases most of titanium products from Russia’s titanium producer VSMPO-Avisma. The respective contract expires in 2022.

Source:www.tass.com

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Boeing Investments Russia

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