IperionX (IPX) Technology has secured a firm-fixed-price contract valued at $99M for the research and development of low-cost domestic titanium to be used in defense applications. The contract was awarded through an online bidding process, with IperionX Technology as the sole recipient. The contract is projected to be completed by June 4, 2030. The Army Contracting Command is overseeing the activity.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IPX: