In the midst of a continued increase in investments in defense technology, advanced manufacturing firm Divergent Technologies secured $290 million to enhance production of missile components and other specialized parts for the military.

This funding round, which places the company’s valuation at $2.3 billion, was initially reported by Bloomberg. Divergent’s clientele includes notable defense contractors Lockheed Martin, RTX, and General Dynamics.

The newly acquired funds, with $40 million allocated as debt, will assist the firm in expanding its manufacturing operations in Los Angeles and in beginning construction on a new plant in Oklahoma in the coming year. Divergent’s specialized 3D printers produce as many as 600 components, and CEO and co-founder Lukas Czinger mentioned to Bloomberg that metal missile airframes represent the company’s “core business.”

This funding highlights the desire of investors for startups that enhance America’s domestic manufacturing strength as the demand for weapons continues to put pressure on conventional supply chains.