Global Fastener News

Vegas Fastener Selected for U.S. Army Project

Vegas Fastener Selected for U.S. Army Project
May 01
09:41 2024

Vegas Fastener Manufacturing is partnering with IperionX Limited to produce fasteners and precision components with titanium alloy.

The two companies will develop and manufacture fasteners and components for the U.S. Army Ground Vehicle Systems Center (GVSC), which is the U.S. Armed Forces’ research and development facility for advanced technology in ground systems. GSVC’s research and development includes robotics, autonomy, survivability, power, mobility, intelligent systems, maneuver support and sustainment.

Additionally, the partners will design, engineer and produce titanium fasteners for critical sectors such as the aerospace, naval, oil & gas, power generation, pulp & paper and chemical industries. These sectors require fasteners that provide not only high strength-to-weight ratios but also exceptional corrosion resistance for high-performance applications.

The global market for industrial fasteners, valued at $95 billion in 2023, is projected to grow at nearly 5% annually to 2031. The U.S. is one of the largest fastener markets worldwide, with growth underpinned by strong demand for automation, aerospace, and other advanced industrial applications. Growing demand for lightweight vehicles and aircraft is leading to a shift to custom high-performance, lightweight fastener products.

IperionX’s portfolio includes high-performance near-net shape titanium products, semi-finished titanium products, spherical titanium powder for additive manufacturing and metal injection molding, and angular titanium powder for a wide range of advanced manufacturing applications. These patented technologies enable sustainability and superior process energy efficiencies over the traditional Kroll titanium production process.

“We look at the combination of advanced manufacturing and titanium to help us improve both corrosion mitigation and light-weighting in Army ground vehicles,” stated Brandon Pender, Associate Director U.S. DEVCOM Ground Vehicle Materials Engineering.

“Any relationship that we can pursue to make titanium more affordable, as IperionX can potentially do, is valuable to us. The potential to produce titanium, with all of its capabilities, that is cost-competitive with aluminium and steel only helps us improve the operational performance and readiness of Army ground systems.”

“The combined strengths and expertise of Vegas Fastener and IperionX will produce innovative solutions for customers and strengthen America’s manufacturing independence,” added IperionX CEO Anastasios (Taso) Arima.

Las Vegas-based Vegas Fastener develops and manufactures high-performance fasteners and custom machined components. Together with its allied company, PowerGen Components, Vegas Fastener serves customers in the defense, marine, power generation, oil & gas, nuclear, chemical, and water infrastructure sectors. Web: vegasfastener.com

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