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home / news releases / IAALF - IBC Advanced Alloys nabs $1M in new business from Raytheon

IAALF - IBC Advanced Alloys nabs $1M in new business from Raytheon

IBC Advanced Alloys Corp.
IBC Advanced Alloys ([[IAALF]] +12.5%) received purchase orders for beryllium alloy parts totaling $1M+ that are used in Raytheon Technologies' (RTX) Advanced Targeting Forward Looking Infrared system for the U.S. Navy's F/A-18 Super Hornet aircraft.The purchase orders represent new business and involve production over the upcoming 18 months."The extraordinary cost-effectiveness of IBC's near-net-shape beryllium-aluminum casting technology continues to attract more business to the Company from both defense and commercial manufacturers," IBC CEO & Chairman Mark Smith commented.

For further details see:

IBC Advanced Alloys nabs $1M in new business from Raytheon
Stock Information
Company Name: IBC Advanced Alloys Corp.
Stock Symbol: IAALF
Market: OTC
Website: ibcadvancedalloys.com
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