Forging Capacity Became The Binding Constraint On Deliveries
Large gear structural forgings come from roughly six qualified producers worldwide operating presses largely installed decades ago, and demand recovery exposed how little slack exists across all of them. Shipset delivery schedules now track forging availability rather than machining or assembly capacity. Airframers have begun engaging forging suppliers directly rather than through gear designers, which is unusual and reflects genuine alarm. Nobody is building new presses, because the payback assumptions never work at these volumes. The delivery constraint sits two tiers above anybody who thinks they compete in this market.
Market Impact: Supplies 1 shipset per aircraft built








