Elmet Group Shares Higher After Subsidiary Lands Strategic Materials Contract
Elmet Technologies, a subsidiary of Elmet Group, has been awarded a contract valued at $36 million by the Defense Logistics Agency.
Elmet Group said its Elmet Technologies subsidiary has won a $36 million contract from the Defense Logistics Agency. The shares were 9% higher at $20.92 in midday trade and were 6% higher over the past 12 months.