July 31, 2020
DOD Announces $31 Million in Defense Production Act Title III COVID-19 Actions
Today the Department is announcing a Defense Production Act Title III action to help sustain and strengthen essential domestic industrial base capabilities and defense-critical workforce in the shipbuilding industry. These actions will help to retain critical workforce capabilities throughout the disruption caused by COVID-19 pandemic. The Department remains closely partnered with FEMA and HHS, providing almost $2.9 billion in life-saving medical services, supplies and equipment to service members and federal agencies in the nation's whole-of-government approach to the coronavirus pandemic.
DOD Announces $31 Million Defense Production Act Title III Agreement with North American Forgemasters to Strengthen Domestic Shipbuilding Industrial Base
As part of the national response to COVID-19, the Department of Defense entered a $31 million agreement with North American Forgemasters under Title III of the Defense Production Act. This investment will sustain and increase critical industrial base capability for domestic production of ultra-large iron and steel forging in support of the U.S. Navy and Naval Nuclear Propulsion Program.
Using funds authorized and appropriated under the CARES Act, these Title III funds will enable North American Forgemasters to maintain and protect a skilled workforce during the disruption caused by COVID-19 while strengthening a vital domestic industrial capacity to produce ultra-large iron and steel forgings through infrastructure investments and development of specialized tooling.
It is critical to national defense that North American Forgemasters and their affiliated companies remain viable and working to ensure the U.S. Government receives dedicated long-term industrial capacity to meet the needs of the nation for ultra-large iron and steel forging.
North American Forgemasters headquarters is in New Castle, PA, which is the principal place of performance.
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