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 expects that it will begin production and sales of several new products in 2018/2019, including one that is expected to launch in commercial sales in the next quarter.
IBC Advanced Alloys announces that it has renewed a long-term supply contract to provide a proprietary copper alloy to a Fortune 1000 company that specializes in the manufacture of high-performance materials for the commercial aerospace sector.
Potential Value of Forecast Volumes over Next 12 Months is More Than USD $2 Million
IBC establishes a new contract to produce a crucial advanced beryllium-aluminum alloy component for the F-35 Lightning II Electro-Optical Targeting System (EOTS).