Metal Powder Works (ASX:MPW) has appointed an experienced defence executive to its board as non-executive director.
Starting effective immediately, Jim McDowell has more than 35 years of international executive experience across the defence, aerospace, advanced manufacturing, and public sectors.
He has held senior roles including CEO of BAE Systems Australia, CEO of BAE Systems Saudi Arabia, Managing Director of Nova Systems, and Chief Executive of the South Australian Department of the Premier and Cabinet.
Most recently, McDowell served as Deputy Secretary Naval Shipbuilding and Sustainment at the Australian Department of Defence. In this role, he was responsible for overseeing Australia’s largest ever defence industrial program.
McDowell’s knowledge of government procurement, sovereign industrial strategy, and international defence programs will support the company’s growth as a critical enabler of advanced manufacturing capability.
Metal Powder Works continues to review the composition of the board as the company accelerates its growth in key target markets.
The company has its manufacturing base in Pittsburgh, US and specialises in the production of metal powders for additive manufacturing and other advanced applications.
The global metal powder market was estimated at US$6.92 billion in 2024 and is projected to grow at a CAGR of 5.8% due to increasing demand for additive manufacturing components in aerospace and defence.
Write to Adam Orlando at Mining.com.au
Images: Metal Powder
