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BUSINESS NEWS BILLION DOLLAR CONTRACT PUTS ARCONIC SHEET AND PLATE ON EVERY AIRBUS PLATFORM Precision engineering and advanced manufacturing leader Arconic announced a multi-year contract with Airbus valued at approximately $1 billion. The contract gives Arconic aluminum sheet and plate an unprecedented position on Airbus’ highest volume programs. “This large contract is a further important step to expand our leadership position in the aerospace industry,” said Klaus Kleinfeld, chairman and CEO of Arconic. “We are proud that Airbus has chosen us to support their fastest growing, technologically advanced programs. Partnerships like this with industry leaders are core to our strategy and this contract is another proof point of the potential that lies in it. We continue to focus on developing products and technologies that take all of our aerospace customers to new heights.” This agreement is the first to include material from Arconic’s new state-of-the-art thick plate stretcher in Davenport, Iowa. Arconic’s most significant share gain in the contract is in the A320 family of aircraft, which is Airbus’ highest growth program. The agreement makes Arconic sole supplier to Airbus for specific applications, including some wing, fuselage, and structural components. In addition to Arconic’s proprietary alloys, Airbus planes will feature Arconic plate products on every platform, used in key applications such as wing ribs, fuselage frames and other structural parts of the aircraft. Arconic’s new “very thick plate stretcher” will come online in 2017 and enables Arconic to produce the largest high-strength monolithic wing ribs in the industry. Located at Arconic’s Davenport Works facility, the stretcher enhances the performance of thick aluminum and aluminum-lithium plate in wing ribs and fuselage frames material. The stretching process reduces stress introduced into the plate as part of the

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manufacturing process, resulting in a part that is more easily machined and processed. For example, as composite wings get larger, one of the challenges is strength and stiffness, and the aluminum plate from this stretcher will enable Arconic to make wing ribs to address that issue. The addition will also enable Arconic to serve the existing plate market while also providing airframe builders with the ability to make large wing ribs, fuselage frames and bulkheads using Arconic thick plate. USAIDAWARDS TETRA TECH $47 MILLION CONTRACT TO STRENGTHEN LOCAL GOVERNMENTS IN THE MIDDLE EAST Tetra Tech, Inc. announced that the U.S. Agency for International Development has awarded the Company a $47 million, single- award contract to provide assistance to improve the legal and policy framework governing municipalities in the West Bank and Gaza. Under the five-year Communities Thrive contract, Tetra Tech will support local governments as they work to improve the delivery of essential services with the ultimate goal of establishing the financial sustainability of Palestinian municipalities. Local governments in the West Bank and Gaza face many challenges in meeting their communities’ needs due to various factors. Under the Communities Thrive contract, Tetra Tech will work with local governments to develop processes and mechanisms to improve service delivery and enhance their responsiveness to constituent concerns. In addition to supporting policy reform and improved practices, areas of focus may include upgrading water meters to reduce financial and water losses, analyzing and adapting energy-efficient options, and implementing cost-effective tariffs to fund initial and longer-term project needs. “Tetra Tech is pleased to support USAID’s efforts in the West Bank and Gaza to improve local government delivery of essential water and energy services to communities in need,” said Dan Batrack, Tetra Tech chairman and CEO.

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1200 North College Ave. Fayetteville, AR 72703 Mark Zweig | Publisher mzweig@zweiggroup.com Richard Massey | Managing Editor rmassey@zweiggroup.com Christina Zweig | Contributing Editor christinaz@zweiggroup.com Sara Parkman | Editor and Designer sparkman@zweiggroup.com Liisa Andreassen | Correspondent landreassen@zweiggroup.com Tel: 800-466-6275 Fax: 800-842-1560 Email: info@zweiggroup.com Online: www.thezweigletter.com Twitter: twitter.com/zweigletter Blog: blog.zweiggroup.com

MARK ZWEIG, from page 1

The only question is YOU ! Are you ready? Are you going to do what it takes to keep up? Are you willing to keep learning? Are you willing to keep working at it? Are you going to keep investing in yourself, your people, and your firm? If you do these things you will ride this wave. If you keep looking in your rearview mirror and lamenting about how today isn’t what yesterday was, well, I’m not real optimistic. Leadership is all about having a vision and painting a picture of what the future could be. And it could damn well be fantastic, even amazing, if that’s what you see. It is your job to get everyone else seeing this opportunity in front of us. If you can do it the rewards for all will be tremendous. That IS what I see ahead. Sure – we have our challenges – not the least of which are people who want to take us BACK . But it is our job to keep things moving forward. And with the demand that I can see out there, that shouldn’t be too difficult a task!

Published continuously since 1992 by Zweig Group, Fayetteville, Arkansas, USA. ISSN 1068-1310. Issued weekly (48 issues/yr.). $475 for one-year subscription, $775 for two-year subscription. Article reprints: For high-quality reprints, including Eprints and NXTprints, please contact The YGS Group at 717-399- 1900, ext. 139, or email TheZweigLetter@ TheYGSGroup.com. © Copyright 2016, Zweig Group. All rights reserved.

MARK ZWEIG is Zweig Group’s founder and CEO. Contact him at mzweig@zweiggroup.com.

THE ZWEIG LETTER December 19, 2016, ISSUE 1180

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