A federal jury sided with a defendant global supplier for aircraft manufacturers last week, rejecting allegations that it misappropriated an aluminum producer’s trade secrets relating to its process to manufacture stretch form spar chords.
Aerospace producer Universal Alloy Corp. was sued by Arconic, formerly known as Alcoa Inc., in 2015 for allegedly stealing trade secrets of making the components of aluminum spar cords, located inside the wings of airplanes. Filed in the U.S. District Court for the Northern District of Georgia, the lawsuit claimed that UAC’s efforts were made “in order to siphon away hundreds of millions of dollars of [Arconic's] sales” to Boeing, according to their first amended complaint, while requesting over $264 million in damages.
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