Press release
02/02/2026
Mears Machine Corporation (Indianapolis, IN) today announced that it has been awarded a long-term supply agreement with a major U.S. defense OEM to manufacture critical hardware supporting existing products and a new airframe platform.
The 10-year agreement establishes Mears Machine as a strategic production supplier and is expected to generate approximately $100 million in revenue during the first three years, with continued production and sustainment opportunities beyond.
The award expands Mears Machine's business across precision machining and advanced manufacturing and reflects the company's proven capability in delivering flight-critical, high-reliability components for aerospace and defense applications.
"This agreement reinforces the confidence our customers place in Mears Machine as a trusted, long-term manufacturing partner," said James Lloyd, Chief Executive Officer. "Securing a position on a new airframe platform expands our program portfolio, strengthens backlog visibility, and enables continued investment in our workforce, capacity and differentiated capabilities across both conventional and additive manufacturing technologies. We are committed to delivering sustained value to our customers through operational excellence over the next decade."
To support program execution and planned growth, Mears Machine is expanding hiring across manufacturing and operations functions.
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