Elmet secures $4.3M for molybdenum defence work
Elmet Technologies, a subsidiary of Elmet Group, based in Lewiston, Maine, USA, has secured strategic funding of $4.3 million in support of a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components, utilised in critical defence programmes.
The contract award is expected to enhance Elmet Technologies’ capacity and capabilities in Additive Manufacturing, machining, production automation, material feeding, post-processing equipment, and additional finishing and inspection systems.
In addition, the contract aims to bolster domestic manufacturing readiness, redundancy, and expansion and meet the projected long-term demand for refractory metal components, specifically molybdenum-based products used in modern defence interceptor programmes.
“This award directly supports our mission of securing the critical materials and components supply chain in the US,” said Derek Fox, President of Elmet Technologies. “We expect that it will enable us to expand capacity and deploy advanced manufacturing technologies in support of our nation’s critical defence initiatives, several of which depend on molybdenum-based components as a foundation. Elmet is honoured to serve as a provider within that foundation.”
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The contract will fund targeted investments across Elmet Technologies’ manufacturing operations with the objective of accelerating production throughput and improving precision component performance in mission-critical interceptor systems and US defence platforms.
This initiative aligns with Elmet Technologies’ long-standing goal of strengthening US domestic manufacturing capabilities and supporting the United States’ needs in critical materials and components, as well as fortifying the defence industrial base and national security.
