Defense manufacturer
Appears in 1 story · Last updated Nov 8, 2026
Awaiting final approval of a conditional $450M federal loan commitment
The Office of Strategic Capital, the Pentagon's lending office, has offered Neros up to $450 million in loans, with the Torrance, California, company adding $165 million of its own money for a $615 million expansion. No money has moved. The commitment is conditional on financial, legal, technical and due-diligence reviews.
Updated 3 days ago
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