Rolls-Royce wins engine contract with US Army

Power systems group Rolls-Royce has won a contract to service M250 engines for the US Army's OH-58D Kiowa Warrior scout helicopters.

Power systems group Rolls-Royce has won a contract to service M250 engines for the US Army's OH-58D Kiowa Warrior scout helicopters.

The contract, valued at $183m, involves the service of 500 M250 engines for more than 300 aircraft. It begins this month and the Army has the option to extend it for four additional years.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.