DoD Enters $45.5M Agreement With Arconic To Expand Domestic Manufacturing To Strengthen US Missiles And Munitions Supply Chains
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The Department of Defense (DoD) has entered a $45.5 million agreement with Arconic to expand domestic manufacturing and strengthen US missiles and munitions supply chains.

June 16, 2023 | 5:54 pm
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Arconic signs a $45.5 million agreement with the Department of Defense to expand domestic manufacturing and strengthen US missiles and munitions supply chains.
The $45.5 million agreement with the Department of Defense is a significant revenue opportunity for Arconic. This partnership will not only expand domestic manufacturing but also strengthen US missiles and munitions supply chains, which is crucial for national security. The deal is likely to have a positive short-term impact on Arconic's stock price due to the increased revenue and the strategic importance of the partnership.
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