Stadco and Ranor sign loan amendment with Beacon Bank & Trust

TechPrecision subsidiaries Ranor and Stadco executed amendments to a $13.35 million loan package with Beacon Bank & Trust in October 2026. The company made a payment to Stark Aerospace, resulting in a cash balance of $137,528.30 as of September 30, 2026, and has incurred an additional net loss of $383,149.05, raising further questions about operational financial health.