Sign In
Search
Business/Financial

Metallus In $99 Million Deal With Army For Expand Metals Capacity For Artillery Shells

Cal Biesecker By
SHARE:
Metallus In $99 Million Deal With Army For Expand Metals Capacity For Artillery Shells
Photo: Metallus

Metallus [MTUS] on Tuesday said it has entered an agreement with the Army for up to $99 million to expand the company’s capacity to produce specialty metals used in the production of artillery shells. The Ohio-based company, which was formerly known as TimkenSteel, said half of the funding has been obligated and the rest will be provided in phases after project details are finalized. Metallus projects that the new capability will be ready in late 2025. Metallus said the funding…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Army

Northrop Grumman To Produce SRMs For PAC-3 Missiles As Second Source

Army

Army Readies To Scale NGC2, Details Successes, Challenges From Largest Experiment To Date

Army

Official: Army Could Make Common Autonomous Multi-Domain Launcher Awards In August

Army

CACI Nabs $500 Million JIATF-401 Deal To Supply C-UAS Capabilities

Trending

CACI Nabs $500 Million JIATF-401 Deal To Supply C-UAS Capabilities
Air Force Budget Has T-7A Funding “Wedge” To Account For Any EMD Changes
L3Harris Pauses IPO Of Missile Solutions Business, Says Market Undervalues
Air Force Leadership And AETC Consult On Uses For Future F-35As Delivered Without Radars
Defense Watch: F-35 Spares, SPEAR Integration, C-UAS and UAS News, $5B for AI

Congress Updates

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume