DLA Awards Metallus Five-Year Steel IDIQ With $995 Million Ceiling
The Defense Logistics Agency awarded Metallus a five-year, single-award IDIQ to supply specialty steel for defense applications, with a $995 million ceiling and an initial delivery order of approximately $125 million. The ceiling is not guaranteed revenue, but the order establishes near-term demand and may create opportunities for suppliers supporting domestic production, quality, and traceability.