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AGA Precision Systems Signs Second Long-Term Supply Agreement to Manufacture Aerospace and Defense Components for a Tier 1 Firm Signing of Second Long-Term Agreement with Major Aerospace and Defense Customer in 2026, Dem

Key Takeaway: AGA Precision Systems LLC announced a second long-term supply agreement with a Tier 1 aerospace and defense firm, formalizing a multi-year supplier-customer relationship. This agreement reflects AGA's ongoing commitment to quality and reliability in the defense supply chain. The arrangement includes commitments on quality, delivery, and pricing, appropriate for mission-critical applications. AGA aims to reinforce its reputation in the aerospace and defense sector as it continues to grow its operational visibility and recurring revenue potential.

Market Sentiment Analysis

POSITIVE FACTORS

  • AGA signs a long-term supply agreement, indicating strong market demand.
  • The agreement enhances AGA's position as a reliable supplier in defense.
  • Establishes a multi-year partnership with a recognized Tier 1 defense customer.

Full Press Release Details

AGA Precision Systems Signs Second Long-Term
Supply Agreement to Manufacture Aerospace and Defense Components for a Tier 1 Firm
BEACH, CA - April 9, 2026 - AGA Precision Systems LLC ("AGA"), an ITAR-registered and AS9100-certified precision
CNC aerospace and defense manufacturing company and subsidiary of PMGC Holdings Inc. (Nasdaq: ELAB), today announced the execution of
a Long-Term Agreement ("LTA") with a globally recognized Tier 1 aerospace and defense company. The LTA formalizes an ongoing
multi-year supplier-customer relationship and governs future purchase orders issued during its term. This marks AGA's second long-term
agreement with an aerospace and defense customer, following the execution of an LTA with Turbo-Jet Products Co., Inc. announced March
31, 2026, and reflects AGA's continued progress in establishing its position as a qualified supplier within the U.S. defense supply
the LTA, AGA will supply precision CNC-manufactured components in support of the customer's aerospace and defense programs. The
arrangement includes defined performance commitments across quality, delivery, and pricing, consistent with the standards required for
high-consequence, mission-critical defense applications.
believes securing a long-term agreement with a Tier 1 defense company reflects the maturity of AGA's precision manufacturing capabilities
and its customers' confidence in AGA's ability to meet stringent technical and regulatory requirements, including ITAR, and
AS9100. AGA believes long-term agreements of this nature provide operational visibility, support recurring revenue potential, and reinforce
AGA's position as a reliable, qualified supplier within the broader U.S. aerospace and defense industrial base.
to confidentiality obligations and applicable regulatory requirements, including ITAR, AGA is not disclosing the identity of the customer
at this time. Should the LTA become material, AGA intends to make additional disclosures in accordance with any applicable reporting
obligations; however, no assurance can be given at this time.
AGA Precision Systems LLC
Precision Systems LLC is a California-based specialized computer numerical control (CNC) machine shop focused on high-tolerance milling,
turning, mold manufacturing, and the machining of complex metals including titanium, Inconel, stainless steel, and aluminum alloys. The
company serves customers across the aerospace, defense, space, and industrial sectors, delivering mission-critical precision components
to demanding technical specifications.
is AS9100 certified and ITAR registered, meeting globally recognized quality management standards for aerospace manufacturing and adhering
to strict U.S. regulatory requirements governing defense-related work.
Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and
development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value.
For more information, please visit https://www.pmgcholdings.com.
contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "believes," "expects,"
"plans," "potential," "would" and "future" or similar expressions such as "look
forward" are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press
release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations
and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy,
activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future,
they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside
of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it
cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ
materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks
are described more fully in PMGC's filings with the United States Securities and Exchange Commission ("SEC"), including
the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed
with the SEC on March 30, 2026, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders
are urged to read these documents free of charge on the SEC's web site at www.sec.gov. All forward-looking statements contained
in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes
no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Frequently Asked Questions

What is the purpose of AGA's Long-Term Agreement?

The agreement formalizes a multi-year supplier relationship to supply CNC-manufactured components.

Who is the customer in AGA's latest agreement?

The customer’s identity is confidential due to regulatory obligations.

What standards does AGA's manufacturing adhere to?

AGA meets ITAR and AS9100 standards for aerospace and defense manufacturing.

How does the agreement benefit AGA's operations?

It enhances operational visibility and supports recurring revenue potential for AGA.

What types of materials does AGA work with?

AGA manufactures components using titanium, Inconel, stainless steel, and aluminum alloys.

Last updated: Apr 9, 2026