UAC Bests Arconic in $265 Million Trade Secrets Trial Over Wings

Arconic Inc. lost an eight-year, $264.8 million trade secrets battle over aviation technology when a federal jury in Atlanta sided with Universal Alloy Corp..

The lawsuit accused UAC, a rival Boeing Co. supplier, of stealing protected information that allowed it to win a lucratice long-term contract to make aluminum spar chords for airplane wings.

The jurors from the US District Court for the Northern District of Georgia capped a three-week trial by returning a verdict that found in favor of UAC, including on the key question of trade-secret misappropriation.

In the lead-up to trial, UAC summarized its trial position in ...