Tag: The Elmet Group

U.S. Marines and Army personnel handle a PAC-3 training canister. Tungsten components from domestic suppliers like The Elmet Group provide foundational materials for PAC-3 missile production. (Photo: Lance Cpl. Sav Ford / U.S. Marine Corps / DVIDS)
News United States
3 Min Read

Department of War Announces $450 Million Investment in The Elmet Group to Secure Domestic Tungsten Supply Chain

WASHINGTON — The U.S. Department of War’s Office of the Assistant Secretary of War for Industrial Base Policy, in partnership with the Economic Defense Unit, has announced a $450 million redeemable preferred equity investment in The Elmet Group to secure the nation's tungsten supply chain and enhance defense industrial resilience.…