04.04.2019 13:51:50
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Constellium to Supply Airware® Aluminium Solutions to Blue Origin
AMSTERDAM, the Netherlands, April 04, 2019 (GLOBE NEWSWIRE) -- Constellium N.V. (NYSE: CSTM) announced today that it has signed a multi-year contract with the American privately-funded aerospace manufacturer and spaceflight services company, Blue Origin, to support their launch vehicle programs. This agreement helps Constellium confirm its position as a trusted partner in the space industry for the supply of advanced aluminium products and solutions.
This contract is a new milestone in a successful collaboration between the two companies for the supply of high-performance Airware® products. Under this agreement, Constellium is to supply Airware® aluminium plates and sheets for Blue Origin’s massive orbital rocket, New Glenn.
"We expect this new contract to strengthen our position as a key supplier of innovative aluminium solutions for the space industry, and as an industry leader more generally,” said Ingrid Joerg, President of Constellium’s Aerospace and Transportation business unit. "It helps demonstrate our know-how and expertise to provide tailored products and spurs our ambition to pursue growth in servicing our partners in the space industry.”
Constellium will supply Blue Origin with Airware® plates and sheets from its manufacturing plants at Issoire, France, and Ravenswood, West Virginia, United States.
About Constellium
Constellium N.V. (NYSE: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including automotive, aerospace and packaging. Constellium generated €5.7 billion of revenue in 2018.
www.constellium.com
Delphine Dahan-Kocher – Communications, NA | Noemie Fierens – Communications, Europe |
Phone: +1 (443) 420 7860 | Phone: +33 (0)1 73 01 41 84 |
delphine.dahan-kocher@constellium.com | noemie.fierens@constellium.com |
Ryan Wentling – Investor Relations | Josee Robert – Aerospace and Transportation |
Phone: +1 (443) 988 0600 | Phone: +33 (0)1 73 01 46 85 |
Investor-relations@constellium.com | josee.robert@constellium.com |
Forward-looking statements
Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain "forward-looking statements” with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, "believes,” "expects,” "may,” "should,” "approximately,” "anticipates,” "estimates,” "intends,” "plans,” "targets,” likely,” "will,” "would,” "could” and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets. Others are more specific to our business and operations. These risks and uncertainties include, but are not limited to, economic downturn, the loss of key customers, suppliers or other business relationships; disruption to business operations; the inability to meet customer quality requirements; delayed readiness for the North American Auto Body Sheet market, the capacity and effectiveness of our hedging policy activities, failure to retain key employees, and other risk factors set forth under the heading "Risk Factors” in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.
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