A Legacy Reset for Growth Executive Summary
Tampa Brass & Aluminum Corp. (TBA) has transformed from a distressed legacy foundry into a federally backed growth platform at the center of America’s defense resurgence. With a $23.7M Navy Supplier Development Fund award ($4M released in Aug 2025), partnerships with LIFT and the Mentor-Protégé Program, and expansion into scarce alloys like C964 copper-nickel and steel, TBA is now one of fewer than ten U.S. foundries capable of meeting critical Navy needs. TBA also serves major defense customers—including Lockheed Martin, General Dynamics, Allison Transmission, Moog, C4, and Raytheon (its Mentor-Protégé partner and 2023 Nunn Perry Award co- winner)—and holds AS9100, ISO 9001, and NADCAP certifications. The Navy’s investment underscores urgent supply chain needs and confidence in TBA’s proven record in defense programs since 1986.
STRATEGIC HIGHLIGHTS
Financial Reset: Chapter 11 complete; clean balance sheet. Federal Investment: $23.7M Navy SDF award, $4M released. Capacity Expansion: Output up 25–49%, lead times cut 24%. Operational Execution: WIP down 30%, OTD 90%, missile scrap <3%.
UNIQUE POSITIONING
Heritage: Founded 1957, 65+ years manufacturing. Facility: 95,000 sq. ft., ITAR-compliant Tampa facility. Certifications: ITAR, 8(a), HUBZone, AS9100, ISO 9001, NADCAP. Recognition: First African American–owned foundry in the U.S.; Nunn Perry Award winner. Customer Base: Serving Navy, Lockheed, GD, Allison, Moog, C4, and Raytheon.
GROWTH TRAJECTORY
Revenue: $10.2M (2024A) → $48.7M (2027E), 4.5x scale. Margins: Expanding from 10% to 30%+ on high-value parts. EBITDA: Break-even April 2025 → 20% by 2027. Pipeline: $8M backlog, $100M active bids.
For investors, this is more than a turnaround . TBA is not just rebounding; it is scaling into a position of critical national importance . With federal investment secured, diversified defense prime customers, and high-barrier alloy capabilities, the path to growth is clear and de-risked.
Tampa Brass & Aluminum Corp
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