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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