AML3D (ASX:AL3) has further solidified its position within the American defence sector, securing a $2.6 million contract to produce critical submarine components for the US Navy.
Commissioned through the BlueForge Alliance, a US-based non profit dedicated to bolstering naval industrial capacity, the order comprises five non-safety-critical replacement parts destined for the Navy's active submarine fleet.
The latest win triggered a sharp 17.65% surge in the company’s share price, reflecting investor confidence in AML3D’s proprietary ARCEMY 3D metal printing technology.
The manufacturing process will utilise Nickel-Aluminium-Bronze alloy, a material prized for its corrosion resistance in maritime environments.
The project is slated to commence in the final quarter of the current financial year, with a projected ten-month timeline supported by milestone-based payments.
The contract follows rigorous hydrostatic testing by the US Navy, which validated the structural integrity of ARCEMY-printed parts, qualifying the technology for long-term sustainment applications.
By bypassing traditional casting and forging bottlenecks, AML3D's automated wire-arc additive manufacturing offers a streamlined solution to persistent supply chain constraints.
CEO Sean Ebert noted that the company’s "US Scale-up" strategy is delivering consistent value while paving the way for future expansion into UK and European markets.
The agreement builds upon a previous $9.9 million deal with Newport News Shipbuilding, further cementing AML3D’s role as a vital contributor to the US Maritime Industrial Base.
At the time of reporting, AML3D’s share price was $0.20.