Elmet Technologies receives $4.2 million defense contract
2019-12-06 09:31:10 [Print]
Elmet Technologies, a Lewiston-based manufacturing company, was awarded a $4.2 million Department of Defense contract to develop tungsten heavy alloy and molybdenum products for the military.
Susan Collins, the senior member of the U.S. Senate Committee on Appropriations, said that Elmet Technologies' decades of experience working with refractory metals and production of tungsten products leaves the company well positioned to supply the military.
According to Collins, the funding will allow Elmet Technologies to work with the U.S. government to provide prototypes for the evaluation of tungsten items the military needs to ensure development within targeted prices.
The funding was awarded by the Department of Defense's Industrial Base Analysis and Sustainment Program, which, according to Collins' office, helps the Pentagon prevent supply chain vulnerabilities and address urgent operational needs.
Collins successfully pushed for a $10 million increase in the program, particularly with regard to tungsten manufacturing processes.
Susan Collins, the senior member of the U.S. Senate Committee on Appropriations, said that Elmet Technologies' decades of experience working with refractory metals and production of tungsten products leaves the company well positioned to supply the military.
According to Collins, the funding will allow Elmet Technologies to work with the U.S. government to provide prototypes for the evaluation of tungsten items the military needs to ensure development within targeted prices.
The funding was awarded by the Department of Defense's Industrial Base Analysis and Sustainment Program, which, according to Collins' office, helps the Pentagon prevent supply chain vulnerabilities and address urgent operational needs.
Collins successfully pushed for a $10 million increase in the program, particularly with regard to tungsten manufacturing processes.
Ferro-molybdenum 60%min EXW China
Unit:RMB/mt
China's molybdenum powder producers' output statistics by province by month
Unit: mt
