US DoD extends Rolls-Royce F405 contract
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.
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.
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
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.
-
Football fans issued warning over ticket scams ahead of 2026 World CupSantander customers lost more to football scams in the first six months of 2025 compared to the same period in 2024, when total losses surged due to the Euros
-
Nationwide fined £44 million over “inadequate” anti-money laundering systemsFailings in Nationwide’s financial crime processes between October 2016 to July 2021 meant one criminal was able to deposit £26 million from fraudulent Covid furlough payments in just eight days.
