Elmet Technologies Wins $36M DLA Contract for Aerospace Metals

Materials
Materials
Strategic Partnership
Strategic Partnership
IPO:
Apr 23, 2026
Industry:
MISCELLANEOUS FABRICATED METAL PRODUCTS

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Elmet Technologies Awarded $36 Million Defense Logistics Agency Contract

Lewiston, Maine, USA - September 30, 2026 - Elmet Technologies, a wholly owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT), announced that it has been awarded a contract valued at approximately $36 million by the Defense Logistics Agency (DLA). The agreement covers the supply of high-performance molybdenum and tungsten alloys and precision wire to the U.S. National Defense Stockpile, supporting critical aerospace and defense applications such as jet engine components.

The awarded materials include titanium-zirconium-molybdenum (TZM) alloy billets, bar stock, ingots, and specialized refractory metal wire. These materials are essential for environments requiring extreme heat and stress tolerance. This contract is separate from the $2 billion DLA tungsten stockpile contract announced earlier in September 2026.

Contract Highlights

  • Award Value: Approximately $36 million from the Defense Logistics Agency.
  • Materials Supplied: Molybdenum, tungsten alloys, TZM billets, bar stock, ingots, and precision wire.
  • Applications: Jet engine components and high-performance aerospace defense systems.

About Elmet Group Co.

Elmet provides precision-engineered components and advanced high-energy systems for growth markets. Our customers in these markets require advanced technology involving critical and strategic materials, such as tungsten, molybdenum and niobium (such materials, the “Critical Materials”) and high-level radio frequency (“RF”) engineering, including plasma generation, radar, and other high-energy systems (together, “High-Power Microwave”). Our products and solutions are integral to the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. These are industries which require components capable of performing in extreme thermal, electromagnetic, and technical environments for vital use cases. Our fundamental mission is to strengthen U.S. domestic manufacturing capabilities to support the United States and its allies’ needs in both Critical Materials and advanced High-Power Microwave systems. We believe we are the leader and sole-source U.S. producer of many highly engineered Critical Materials products and a leading designer and manufacturer of High-Power Microwave components in the United States.

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