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Velo3D (VELO) Awarded $9.8M Defense Logistics Agency Contract for Additive Manufacturing Program
Yahoo Finance· 2026-05-06 01:05
Velo3D Inc. (NASDAQ:VELO) is one of the best performing NASDAQ stocks according to Wall Street analysts. On March 30, Velo3D was awarded a $9.8 million, 5-year contract to support the Defense Logistics Agency’s Joint Additive Manufacturing Acceptability/JAMA Pilot Parts Program. This agreement establishes a streamlined procurement pathway for the US military to acquire metal components produced through additive manufacturing. The initiative aims to enhance supply chain responsiveness across the Army, Nav ...