Forged precipitation-hardened stainless steel alloys are provided. The forged precipitation-hardened stainless steel alloy can include, by weight, about 14.0% to about 16.0% chromium, about 6.0% to about 8.0% nickel, about 1.25% to about 1.75% copper, about 1.0% to about 2.0% molybdenum, about 0.001% to about 0.05% carbon, a carbide forming element in an amount of about 0.3% to about 0.8% and greater than about 8 times that of carbon, the balance iron, and incidental impurities. Generally, the carbide forming element is selected from the group consisting of titanium, zirconium, tantalum, and a mixture thereof.