Alcoa announced that its Alcoa Power and Propulsion business has been awarded a 10-year, $360 million contract by Lockheed Martin to supply advanced patented 7805 alloy aluminum die forgings for the F-35 Joint Strike Fighter (JSF) program. Contract work will be performed by Alcoa Forged and Cast Products Cleveland operations and involves the design and manufacture of all the large aluminum structural die forgings for more than 1,200 aircraft. As part of the contract, Alcoa plans to invest $24 million in Cleveland Works.

Other Alcoa aerospace units will provide critical F-35 components and solutions to the program. Among those are highly engineered joining devices from Alcoa Fastening Systems, specialty alloy plate from Alcoa North American Mill Products and high-pressure turbine blades from Alcoa Power and Propulsion.