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Latest Army Award Expands IperionX Titanium Production Capacity

Latest Army Award Expands IperionX Titanium Production Capacity

Quick Summary

• The US Army has issued a second task order to IperionX under its existing $99 million SBIR Phase III contract, committing $11.5 million in immediate funding to expand the company’s titanium powder-to-part manufacturing capacity at its Virginia facility. The award advances IperionX’s role in building a domestic titanium manufacturing capability that reduces reliance on foreign…

Additional Context

The US Army has issued a second task order to IperionX under its existing $99 million SBIR Phase III contract, committing $11.5 million in immediate funding to expand the company’s titanium powder-to-part manufacturing capacity at its Virginia facility.

The award advances IperionX’s role in building a domestic titanium manufacturing capability that reduces reliance on foreign feedstocks and external finishing suppliers.

Designated W911QX26FA097 and issued by US Army Contracting Command at Aberdeen Proving Ground, the task order carries a stated base value of $18.5 million on a firm-fixed-price basis. Of that, $11.5 million is currently funded and obligated across three fully covered work packages and a partial allotment to a fourth.

An additional $6.9 million in unexercised and unfunded

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