IperionX Secures $99mn DOD Contract to Supply Titanium Components

IperionX Team

Five-Year Deal Strengthens U.S. Defense Titanium Supply Chain

IperionX has been awarded a five-year U.S. Department of Defense (DOD) contract worth up to $99mn to supply titanium components for the U.S. Army. The agreement establishes a pre-approved funding mechanism, enabling sub-agencies to place direct orders for validated products, streamlining the procurement process.

The North Carolina-based company will begin initial production of titanium fasteners for defense applications in the coming months at its Virginia manufacturing campus. Under the contract, IperionX can also provide near-net-shape parts and semi-finished titanium goods, expanding its role in defense manufacturing.

The phase III contract was awarded under the Small Business Innovation Research (SBIR) program, administered by the Small Business Administration. IperionX highlights its fully integrated titanium production model, using scrap-to-forging technology to reduce costs and improve yields versus traditional manufacturing methods. This approach aligns with U.S. efforts to secure critical mineral supply chains and reduce dependence on foreign titanium sources.

The Metalnomist Commentary

This contract signals the Pentagon’s strategic intent to strengthen domestic titanium capabilities, ensuring supply resilience for defense manufacturing. IperionX’s scrap-to-forging technology could set a new benchmark for cost efficiency and sustainability in the U.S. titanium industry.