3D Systems Wins $7.65M U.S. Air Force Large-Format Metal 3D Printer Contract

3D Systems has been awarded a $7.65 million contract by the U.S. Air Force to advance the development of a large-format Metal 3D Printer designed for high-speed flight applications. This project, ongoing since 2023 and expected to complete by September 2027, focuses on demonstrating key technologies for 3D printing large, high-temperature metal structures relevant to defense needs. Work will be conducted at 3D Systems' facilities in San Diego, California, and Rock Hill, South Carolina. The contract extends 3D Systems' collaboration with the Department of Defense, which has been active since 2019, highlighting the company's role in additive manufacturing innovation. Following the announcement, 3D Systems' stock rose over 2% in aftermarket trading, though industry analysts currently rate the stock as a 'Hold' with a modest upside potential based on forecasted price targets. Company leadership expressed pride in the technological progress made and anticipation for the maturation of these advanced manufacturing capabilities.