Alcoa Executive Highlights Aluminum’s Successes and Shares Bright Outlook

April 15, 2010

PITTSBURGH–Once thought to have a limited future in aerospace, aluminum continues
to innovate and offer competitive products for a wide range of both wide
body and narrow body aircraft. That, and aluminum’s bright future, was
the message Dan Goodman, director of marketing, Alcoa Aerospace, told
attendees at the American Metal Market (AMM) Aerospace Materials
Conference today in Pittsburgh.

“A few years ago, the industry consensus was that composites were the
default material of choice,” said Goodman. “That is no longer the case –
particularly for narrow body aircraft. At a substantially reduced risk
proprietary aluminum alloys and new aluminum-lithium alloys offer
improvements in weight savings and enhanced strength at a lower cost.”

Goodman discussed the evolution of the market for aerospace aluminum and
highlighted:

  • Bombardier’s selection of aluminum-lithium for the CSeries fuselage;
  • Mitsubishi’s recent decision to switch the MRJ-21 from a composite to
    an aluminum wing;
  • Comac’s consideration of advanced aluminum products for the wing and
    fuselage; and
  • Lockheed Martin’s choice of aluminum-lithium on the primary structures
    of the Orion spacecraft.

In his role as director of marketing, Goodman coordinates the
company-wide efforts across all Alcoa businesses that serve the global
aerospace industry. He has worked within the aerospace and defense
community for nearly 30 years, covering the functional spectrum from
corporate strategy to tactical, shop floor operations and information
technology solution development. In addition to working for the
consultancies Arthur D. Little, AT Kearney and the Canaan Group, Goodman
also has held strategy and planning positions at Continental Data
Graphics (now a Boeing subsidiary), and TRW (now Northrop Grumman) where
he served as vice president, corporate strategy. Dan holds a masters
degree in National Security Policy from George Washington University.

For a copy of his presentation, go to http://www.alcoa.com/aluminumoutlookaerospace

About Alcoa

Alcoa (NYSE:AA) is the world’s leading producer of primary aluminum,
fabricated aluminum and alumina. In addition to inventing the modern-day
aluminum industry, Alcoa innovation has been behind major milestones in
the aerospace, automotive, packaging, building and construction,
commercial transportation, consumer electronics and industrial markets
over the past 120 years. Among the solutions Alcoa markets are
flat-rolled products, hard alloy extrusions, and forgings, as well as
Alcoa® wheels, fastening systems, precision and investment castings, and
building systems in addition to its expertise in other light metals such
as titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for eight consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.