LONDON, UK / ACCESSWIRE / November 17, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Arconic Inc. (NYSE: ARNC), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=ARNC. The Company announced on November 15, 2017, that it has entered into a multi-year cooperative research agreement with Airbus to advance metal 3D printing for aircraft manufacturing. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Arconic will use electron beam high deposition rate technology to 3D print parts. This technology prints larger aerospace components to one hundred times faster than technologies used for smaller, more intricate parts.

Customized Processes and Parameters to Be Developed

The two Companies will develop customized processes and parameters to produce and qualify large, structural 3D printed components. The agreement combines Arconic's expertise in metal additive manufacturing and metallurgy with Airbus' design and qualification capabilities, building on its experience with regulatory agencies for certification.

Agreement Combines Expertise of Two of the World's Top Aerospace Additive Manufacturing Companies

Eric Roegner, Executive VP and Group President, Arconic Engineered Products and Solutions and Arconic Defense, stated that the agreement combines the expertise of two of the world's top aerospace additive manufacturing Companies to push the boundaries of 3D printing for aircraft production. Additive manufacturing promises a world where lighter, more complex aerospace parts are produced cheaper and faster. Roegner added that both the Companies are joining forces to make that potential a reality in a bigger way than ever before.

Airbus and Arconic Achieved a 3D Printing Breakthrough

In September 2017, Airbus announced a 3D printing breakthrough involving a smaller component equipping the airframe, a 3D printed titanium bracket, installed on a series production of Airbus' commercial aircraft, the A350 XWB. This achievement is paving the way for Airbus to design 3D printed parts in the future that are even more complex and lighter. Arconic is producing these titanium brackets using laser powder bed technologies at its additive manufacturing facility in Austin, Texas.

Arconic Strengthened Its 3D Printing Collaboration with Airbus in 2016

In December 2016, Arconic entered into two agreements to supply Airbus 3D printed metal parts for the airplane maker's commercial aircraft. Arconic supplied 3D printed components made from high-temperature nickel superalloys, and 3D printed titanium airframe parts under two separate agreements. These agreements build on Arconic's deal with Airbus in April 2016 for 3D printed titanium fuselage and engine pylon components. That agreement established Arconic as an innovation partner to Airbus in the fast-growing metal 3D printing space.

On November 07, 2017, Arconic also signed a multi-year contract with Airbus valued at approximately $1 billion. The contract gave Arconic aluminum sheet and plate an unprecedented position on Airbus' highest volume programs. The multi-year agreement started in January 2017, and made Arconic the sole supplier to Airbus for specific applications, including wing, fuselage, and structural components.

About Arconic Inc.

Founded in 2016, Arconic is a global technology, engineering, and advanced manufacturing leader, providing lightweight multi-material solutions globally, and focusing on the aerospace market, in addition to serving the automotive, industrial gas turbine, commercial transportation, and building and construction markets. The Company is based in New York, United States.

About Airbus

Airbus is a commercial aircraft manufacturer with Space, Defense, and Helicopters Divisions, and is the largest aeronautics and space Company in Europe. The Company has aircraft and helicopter final assembly lines across Asia, Europe, and the Americas.

Last Close Stock Review

Arconic's share price finished yesterday's trading session at $23.73, advancing 1.58%. A total volume of 2.22 million shares have exchanged hands. The Company's stock price surged 21.01% in the previous twelve months. Additionally, the stock rallied 27.99% since the start of the year. Shares of the Company have a dividend yield of 1.01% and currently have a market cap of $11.52 billion.

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