VSMPO-Aisma and Boeing plan to launch JV for machining of parts

According to Sergey Chemezov, Head of Rostechnologii State Corporation, VSMPO-AVISMA and the Boeing Company plan to launch JV for machining of technical components during the July visit of the US President Barack Obama to the Russian Federation.

"JV grand opening ceremony is planned for July during Obama’s visit to Russia", - said Chemezov.

According to Mr. Chemezov, JV will be involved in finished machining of technical components which will then be supplied to Seattle.