{
  "id": 10697382,
  "title": "Metallus wins defense contract with $995M ceiling, $125M order",
  "url": "https://urgent.news/2026/09/29/metallus-wins-defense-contract-with-995m-ceiling-125m-order",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-09-29T13:24:31.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/metallus-wins-defense-contract-with-995m-ceiling-125m-order-93CH-4922851"
  },
  "original_language": "en",
  "account": "Canton, Ohio-based Metallus Inc. has secured a $995 million defense contract with the U.S. Defense Logistics Agency (DLA). The Indefinite Delivery/Indefinite Quantity contract allows the company to supply steel for defense applications over a five-year period, with up to 24 months to fulfill each delivery order. The initial delivery order under the contract is valued at approximately $125 million. Metallus CEO Mike Williams emphasized the company's commitment to supporting the DLA and the U.S. military's readiness mission through domestically produced steel.",
  "summary": null,
  "key_points": [
    "Metallus Inc. secures $995M defense contract with DLA",
    "Contract allows supply of steel for defense applications over 5 years",
    "Initial delivery order valued at $125M"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}