I made a tongue in cheek reference to "billet" aluminium. Just a word or two on that.
The word "billet" only exists in the world of car & bike enthusiasts. It has no significance, it's a term that came from the advertising departments, not the engineering ones. Not sure when the phrase was first used, maybe 1990's? What I mean is, a billet of aluminium has exactly the same mechanical properties as a piece sawn off the end of a bar of the same material (which is how most metal arrives). Check any book of mechanical properties of materials - there isn't a separate table for "billet metal".
Very, very occasionally, a component will be forged. This is a completely different process and can give benefits, usually to do with the grain structure of the metal. "Billets" are normally produced with a bandsaw, not a forging press.
"Aircraft aluminium", "military grade" and "surgical stainless steel" fall in the same category. Go to a metal supplier, ask for any of these and they won't have a clue what you're talking about. Aircraft use all sorts of aluminium grades, including the cheapest. The only thing "military grade" about metal is the inspection process that it goes through, and the resulting audit trail. Surgical stainless steel can be anything, from common 304 / 316 (which can't be hardened, not enough carbon) to 420 / 440 grades which can be hardened. Unless a component needs to be hard, it'll be a 3 series.
Another one that occasionally pops up is "cryo treated". There are some very specific areas where it works (some hardenable steels can undergo an austenite - martensite conversion) but the effect is minimal - you'd need lab tests to tell the difference. Certainly, dunking bits of aluminium in liquid nitogen does nothing of any practical use. Cryo is a holy word in the hifi world - they even "cryo treat" copper cables, and then claim they can hear the difference
Many products are "CNC machined" these days, simply because it's the cheapest way to mass produce items. As long as the resulting part has the required dimensions and properties, it doesn't matter how it was arrived at - CNC, manual or chewed from billet by well trained mice.