In this article, a new method for the rapid and economical production of ‘nutless’ bolted joins is presented, using a combination of two hole-making techniques, namely, form drilling and form tapping. The combined method achieves a quick way for the production of threaded holes on couples of dissimilar metal alloys, as it is the case of steels and aluminium alloys. After the simultaneous form drilling on the aluminium–steel pairs and followed by form tapping, a fastener can be introduced and screwed for achieving a tight bolted joint, without any necessity of nut. However, form drilling and threading are performed consecutively in the same machine tool, reducing the whole process time. The process parameters were studied for reducing the gap between surfaces and producing a good cup for making the posterior threading. Then, mechanical testing of several test pieces resulted in a similar behaviour than traditional bolted joints. Finally, corrosion tests were performed for a better understanding of the joint manufactured. In this way, savings in time and money are derived from the application of the approach. Target markets for the new approach are the light boilermaking industry in order to eliminate either welding beads or classical bolted joints using nuts.