Allegheny Technologies Inc
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Materials : Metals & Mining | Small Cap Blend
Company profile

Allegheny Technologies Incorporated is a manufacturer of specialty materials and complex components. The Company operates through two business segments: High Performance Materials & Components (HPMC), and Flat Rolled Products (FRP). The HPMC segment produces, converts and distributes a range of materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, zirconium and related alloys, including hafnium and niobium, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings, components and machined parts. The FRP segment produces, converts and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys, in a range of product forms, including plate, sheet, engineered strip, and Precision Rolled Strip products.

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Today's volume of 1,089,642 shares is on pace to be in-line with ATI's 10-day average volume of 1,518,409 shares.


Boeing Announces Third-Quarter Deliveries

11:00 am ET October 13, 2020 (PR Newswire) Print

The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the third quarter of 2020.

"We continue to work closely with our customers around the globe, understanding their near-term and longer term fleet needs, aligning supply and demand while navigating the significant impact this global pandemic continues to have on our industry," said Greg Smith, Boeing executive vice president of Enterprise Operations and chief financial officer. "We're taking actions to resize, reshape and transform our business to preserve liquidity, adapt to the new market reality and ensure that we deliver the highest standards of safety and quality as we position our company to be more resilient for the long term. Our diverse portfolio, including our government services, defense and space programs, continues to provide some stability as we adapt and rebuild stronger for the other side of the pandemic."

Major program deliveries during the third quarter were as follows:

Major Programs                                    3rd Quarter   Year-to-
                                                  2020          Date 2020
Commercial Airplanes Programs
                  737                             3             12
                  747                             1             2
                  767                             6             20
                  777                             5             15
                  787                             13            49
Total                                             28            98
Defense, Space & Security Programs
                  AH-64 Apache (New)              7             18
                  AH-64 Apache (Remanufactured)   12            44
                  C-40A                           --            --
                  CH-47 Chinook (New)             4             19
                  CH-47 Chinook (Renewed)         2             3
                  F-15 Models                     --            3
                  F/A-18 Models                   5             14
                  KC-46 Tanker                    4             10
                  P-8 Models                      3             9
                  Commercial and Civil Satellites --            --
                  Military Satellites             --            --
Note: Delivery information is not considered final until quarterly financial results are issued.


Maurita Sutedja (312) 544-2140 (Investor Relations) Keely Moos (312) 544-2140 (Investor Relations)Michael Friedman (Communications)Bradley Akubuiro (Communications)

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