AML3D announced it has signed a contract in support of a material feasibility program for BAE Systems in which AML3D is sourcing 8.5 tonnes of Nickel Aluminium Bronze (‘NAB’) alloy feedstock. This entry into the U.K. Defence market is key part of the next phase of AML3D’s growth strategy.
The next phase of AML3D’s growth strategy includes leveraging the company’s manufacturing capacity within Australia, following the opening of the U.S. manufacturing facility in December, to support the U.K. and Australia Defence markets. This contract with BAE Systems represents the initial steps in delivery of this new growth phase.
AML3D CEO Sean Ebert said: “AML3D has been developing its relationship with the BAE Systems for over a year. It is very exciting to see that work translate into an initial contract from BAE Systems. It is even more exciting that this contract is planned to be just the first and I look forward to giving updates on additional contracts as the program progress. AML3D is moving into the next phase of our growth strategy, which includes leveraging the extraordinary growth and demand we are experiencing within the U.S. Navy’s Submarine Industrial Base to expand into the Australia and the U.K Defence sectors. Beyond this BAE Systems contract, AML3D is developing opportunities with other companies supporting the U.K. Defence sector. And while winning Defence contracts can take time, I am confident that we will be in a position to announce additional orders from the U.K. and Australian defence sectors to compliment the huge momentum we are seeing in the U.S.”
