Elmet Group wins about $2 billion DLA tungsten stockpile contract
Elmet Group said a unit was awarded a contract worth about $2 billion by the U.S. Defense Logistics Agency to support rebuilding the National Defense Stockpile and strengthen the tungsten supply chain.
Elmet Group NASDAQ:ELMT said on Monday that one of its units has won a contract worth about $2 billion from the U.S. Defense Logistics Agency (DLA). The award is tied to efforts to rebuild the National Defense Stockpile and bolster the country's tungsten supply chain.