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29 Feb

Metallus secures US Army funding for artillery expansion

Metallus has entered into an agreement for up to $99 million in funding in support of a project to increase artillery shell production, Kallanish notes. Canton, Ohio-based Metallus manufactures high-performance specialty metals that are ideal for the new project with US Army. The agreement is for up to $99m in funding, with half of that already committed, and the balance subject to mutual agreement as final project details are presented to the Army. “With…
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