IperionX Secures First U.S. Army Task Order Under US$99 Million SBIR Phase III Contract [Yahoo! Finance]
IperionX Limited - American Depositary Share (IPX)
Company Research
Source: Yahoo! Finance
the first task order, valued at US$1.3 million, from the U.S. Army under a Small Business Innovation Research (SBIR) Phase III Indefinite Delivery Indefinite Quantity (IDIQ) contract with the U.S. Department of Defense (DoD). The task order facilitates the production and delivery of titanium parts for U.S. Army ground vehicle programs. All technical specifications, performance requirements, and delivery schedules are governed under the U.S Controlled Unclassified Information Program (Executive Order 13556), ensuring protection of sensitive defense information. The U.S. Army task order will be fulfilled at IperionX's Titanium Manufacturing Campus in Virginia, using proprietary titanium production and advanced forging processes. Manufacturing these critical titanium components in America strengthens supply-chain resilience and reduces reliance on foreign titanium sources, while creating high-value manufacturing jobs in the United States. The project is the first of further task or
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- 12/17/25 - Form 6-K
- 12/15/25 - Form 6-K
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