Aerospace

The Department of Defense's Office of the Assistant Secretary of Defense for Industrial Base Policy through its Manufacturing Capability Expansion and Investment Prioritization Directorate, announced it has entered a $13.8 million agreement with The Timken Company (Timken) to increase production of high-precision ball bearings at its facility in Keene, New Hampshire. Timken's high precision ball-bearings are used in defense and space-related advanced systems.

The Department of Defense's Office for the Assistant Secretary of Defense for Industrial Base Policy has entered into an agreement with Arconic Corporation to increase production of missiles and munitions. The purpose of the $45.5 million agreement with Arconic is to increase production of High Purity Aluminum (HPA) at its facility in Davenport, Iowa. The low-cost production of HPA by foreign smelters has resulted in decreased production of HPA in the United States.

The U.S. Department of Commerce’s Economic Development Administration is awarding a $1 million grant to the city of Luling, Texas, to support business growth and job creation through infrastructure improvements at the city’s industrial park. This grant will provide roadway, water, and broadband improvements to support business expansion in aerospace manufacturing and other industries, including meat and poultry processing.