Ralliant Announces $2.7M Investment In Its Pacific Scientific Energetics Materials Company From U.S. Department Of War Under Defense Production Act Title III Funds
Ralliant Corporation
Ralliant Corporation RAL | 0.00 |
Ralliant Corporation ("Ralliant" or the "Company") (NYSE: RAL) a premier player in precision technologies, is proud to share the recent announcement from its Pacific Scientific Energetics Materials Company (PacSci EMC) business that the Department of War (DoW) has invested $27.3 million in Defense Production Act (DPA) Title III funds in PacSci EMC to expand the production of the universal Arm Fire Device (AFD), a critical safety component in solid rocket motor (SRM) applications.
