CRANE, Ind. (Inside INdiana Business) — Five Hoosier companies are each receiving a $17.5 million contract from the U.S. Department of Defense. The contracts, one of which is also being awarded to a New Jersey company, call for the production of build-to-print machined parts for various military projects.
The companies include J&R Tool Inc. and Loughmiller Machine Tool & Die, both based in Loogootee, as well as MSP Aviation Inc. and Specialty CNC Inc., both based in Bloomington. Springville-based Embree Machine Inc. was also awarded a contract.
The parts being produced through the contracts are used in military projects such as the fixed forward firing weapons and interface unit automatic processor systems used in military helicopters.
The DoD says the contracts include options which could bring the total value of each contract to $35 million. Work on the contracts is expected to be complete by June 2025 or June 2030, if the options are picked up.
Naval Surface Warfare Center, Crane Division is the contracting activity.