In order to reinvigorate its Warfighting capability, the United States will increase its titanium powder production.
The Department of Defense announced it has awarded a contract worth $12.7 million via the Defense Production Act Investment Program to IperionX Technology, LLC, to increase titanium powder production for defense supply chains.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.