IBC Advanced Alloys Corp. announces its financial results for the quarter ended March 31, 2020. In the quarter, the Company recorded comprehensive income of $171,000, or $0.00 per share, which was driven by higher sales across the Copper Alloys and Engineered Materials operating divisions.
IBC Continues to Produce Strategic Alloys Because of its Role as an Essential Part of the U.S. Defense Industrial Base
IBC announced that it is continuing to manufacture its strategic alloy products because of the Company’s essential role as part of the U.S. Defense Industrial Base.
IBC Signs Two-Year Supply Agreement with a Leading Global Designer and Manufacturer of Semiconductor Assembly Equipment
IBC Advanced Alloys has signed a two-year supply agreement with a leading global manufacturer of semiconductor and electronics assembly equipment under which IBC will supply Beralcast® 363 cast components in multiple design configurations over a two-year period.
IBC Advanced Alloys has launched commercial production of beryllium-aluminum alloy castings for a major global manufacturer of commercial satellite systems after successfully completing First Article Qualification with the customer.
IBC Advanced Alloys Awarded Follow-up Purchase Order from Kaman Corporation for Beryllium-Aluminum Component in a Defense Application
IBC Advanced Alloys (TSX-V: IB; OTCQB: IAALF) has been awarded a new purchase order from Kaman Corporation (NYSE:KAMN) to supply critical imaging system components for US naval and foreign military tactical aircraft.
IBC Advanced Alloys has been awarded a contract from a major global manufacturer of commercial satellite systems for a First Article Qualification of Beralcast® 363 beryllium-aluminum alloy cast components and subsequent serial production units for satellites.