Boeing and thyssenkrupp continue their long-standing partnership

The aerospace experts of the thyssenkrupp Group will continue to handle Boeing's complete aluminium and titanium metals supply chain management. The contract comprises global purchase coordination, deadline monitoring, warehousing, processing of aluminium and titanium products, the optimization of plant material flows, and the coordination of over 550 Boeing and subcontractor production locations.

"The extension of the contract with Boeing is a recognition of our global materials, logistics and IT capabilities and confirms our role as an important supplier to the aviation industry," states Joachim Limberg, CEO of thyssenkrupp Materials Services. “We understand our customer´s high demands and challenges and offer tailor-made solutions. This allows our customer to focus on their core competencies."

For thyssenkrupp Aerospace, the renewal of the contract is the next chapter in a longstanding and successful relationship. It was back in 1998 that the US aircraft manufacturer and thyssenkrupp first became strategic partners.

"Our goal is a win-win cooperation with Boeing. As global supply chain and services provider, we will ensure optimum deliveries to their production locations," explains Hans-Josef Hoß, Board Member of thyssenkrupp Materials Services of which thyssenkrupp Aerospace is part of.

About thyssenkrupp Materials Services:
With around 480 locations in over 40 countries, the Materials Services business area specializes in materials distribution, logistics and services, the provision of technical services as well as services for industrial plants and steel mills. In addition to rolled steel, stainless steel, tubes and pipes, nonferrous metals, specialty materials and plastics, Materials Services also offers services from processing and logistics to warehouse and inventory management through to supply chain and project management.

About thyssenkrupp:
thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and service businesses. Over 156,000 employees in nearly 80 countries work with passion and technological know-how to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2015/2016 thyssenkrupp generated sales of around €39 billion.
Together with our customers we develop competitive solutions for current and future challenges in their respective industries. With our engineering expertise we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way. Our technologies and innovations are the key to meeting diverse customer and market requirements around the world, growing on the markets of the future, and generating strong and stable earnings, cash flows and value growth.

Public relations contact:

Alexander Spoo
Phone: +49 (0) 201 844-537349
alexander.spoo@thyssenkrupp.com