IPERIONX Ltd (IPX) Form 6-K — Aug 31, 2026
IperionX has been awarded a second U.S. Army task order under its US$99 million SBIR Phase III IDIQ contract for low-cost, domestic titanium for defense applications. Task Order 2 has a stated base value of US$18.5 million, of which US$11.5 million is currently funded and obligated, and could reach US$25.4 million if US$6.9 million of unexercised options are funded by the U.S. Government.
Key figures
- Task order number
- W911QX26FA097
- Pricing arrangement
- Firm fixed price
- Period of performance
- August 28, 2026 to August 27, 2030
- Funded and obligated usd
- US$11.5 million
- Base task order value usd
- US$18.5 million
- Idiq contract ceiling usd
- US$99 million
- Remaining idiq capacity usd
- US$79.2 million
- Unexercised unfunded options usd
- US$6.9 million
- Initial army task order value usd
- US$1.3 million
- Max potential task order value usd
- US$25.4 million
- Titanium scrap transferred metric tons
- 290
- Task orders 1 and 2 aggregate value usd
- US$19.8 million
- Prior dpa title iii and ibas funding usd
- US$59.8 million
AI analysis
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