Army Places $18.5M Titanium Task Order With IperionX
The U.S. Army issued IperionX Task Order 2 under its existing $99 million SBIR Phase III IDIQ, with $11.5 million initially funded and a potential value of $25.4 million including options. The order reinforces demand for domestic titanium production, while the remaining $79.2 million IDIQ ceiling could support additional task orders but does not represent an open solicitation or guarantee future awards.