other material
confidence high
sentiment positive
materiality 0.55
Elmet Technologies awarded ~$36 million DLA contract for molybdenum and tungsten aerospace materials
Elmet Group Co.
- Elmet Technologies won a ~$36 million Defense Logistics Agency contract to supply molybdenum and tungsten alloys and precision wire to the U.S. National Defense Stockpile.
- The award is separate from the $2 billion DLA IDIQ tungsten contract announced September 14, 2026, which included a $150 million guaranteed funded commitment.
- Contract covers TZM alloy billets, bar stock, ingots, and potassium-doped molybdenum and tungsten wire used in jet engine components.
- Derek Fox, President of the Critical Materials Components Division, said refractory metals are foundational to aerospace manufacturing.
- Elmet Technologies, which has operated since 1929, has nearly 400 employees across three facilities in Maine, Ohio, and Michigan.