Power systems developer Rolls-Royce has won a contract extension with the US Department of Defense to provide support for the F405 (Adour) engines that power the US Navy's T-45 training aircraft.
The $103.3m Missioncare contract is the result of the US Department of Defense exercising the fourth option year on a contract that was signed in 2008.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
This contract provides comprehensive propulsion services to more than 200 aircraft, operating at four main naval air stations: Kingsville, Texas; Meridian, Mississippi; Pensacola, Florida; and Patuxent River, Maryland.
JH
-
Card Factory is a stand-out small-cap going cheapIn a digital world, we still value the personal touch. That’s good news for Card Factory, whose unique business model is suited to weather all economic storms
-
8 of the best smallholdings for sale nowThe best smallholdings for sale – from a medieval cross-passage farmhouse in Taunton, Somerset, to a former farmhouse with an orchard in the Welsh Marches
