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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.
Rolls-Royce will provide inventory control, as well as integrated logistics support and required engineering elements for both the F405 engine and the aircraft gas turbine starting system.
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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
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
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.
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