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Metallus Awarded $995 million Contract for Critical Defense Applications from U.S. Defense Logistics Agency; Receives Initial $125 Million Delivery Order

PR Newswire•29/09/2026•09:20 ET
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Key Highlights

  • ➤Metallus (MTUS) awarded five-year DLA contract with $995 million maximum ceiling
  • ➤Metallus (MTUS) receives initial DLA delivery order valued at approximately $125 million
  • ➤DLA contract covers U.S.-produced specialty steel for critical defense applications
  • ➤Each delivery order may take Metallus up to 24 months to fulfill

Expert Statements

Mike Williams, Chief executive officer of Metallus

“This award, along with the initial delivery order, represents another key step in the continued transformation of Metallus. Our momentum within the defense market reflects Metallus' proven ability to produce specialty steel products that meet the rigorous performance, quality and traceability requirements of critical defense applications.”

Mike Williams, Chief executive officer of Metallus

“We are proud to support the DLA and the U.S. military's readiness mission through steel produced entirely in the United States. The five-year contract will provide a solid foundation for continued collaboration with the DLA and highlights the critical role Metallus plays in supporting our nation's security. As demand across all of our end markets for domestically sourced specialty steel grows, Metallus intends to continue investing in our operations and capabilities to help deliver the quality, reliability and capacity our customers depend on.”

Metallus Awarded $995 million Contract for Critical Defense Applications from U.S. Defense Logistics Agency; Receives Initial $125 Million Delivery Order PR Newswire

CANTON, Ohio, Sept. 29, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today announced that the U.S. Defense Logistics Agency (DLA), the logistics agency for the Department of War, has awarded the company an Indefinite Delivery/Indefinite Quantity (IDIQ) contract to supply steel for critical defense applications.

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