Shares for the contract manufacturing services provider, AML3D (ASX:AL3), show an increase of 2.2% to A$0.07.

Following their announcement of a contract extension for nickel-aluminium-bronze alloy characterization and strength testing for the U.S.

Navy’s submarine program.

The contract was signed with the U.S.-based technology services provider BlueForge Alliance.

This recent contract extension comes after an initial alloy testing contract that was signed in March.

The company’s stock is on the rise for its third consecutive session, but still down approximately 12.2% this year.

AML3D (ASX:AL3) is a contract manufacturing services provider specialising in alloy characterization and strength testing.