Hello, Guest!
  • Friday, November 22, 2024
Boeing F-15EX

GE Awarded $101M to Produce Engines for Air Force F-15 Fleet Modernization

The U.S. Air Force has issued a potential $101.3M contract action to procure turbofan engines from General Electric (NYSE: GE) to power the service branch's modernized F-15 fighter jets.

The undefinitized contract action covers delivery of initial F110-GE-129 engines, spares and system performance monitoring computers to the F-15EX aircraft program, the Department of Defense said Tuesday.

USAF indicated its intent to award an F-15 aircraft and weapon system modernization contract to Boeing (NYSE: BA) and an engine production contract to GE Aviation earlier this year.

The branch is obligating $18M at the time of award from its fiscal 2020 research, development, test and evaluation and aircraft procurement funds.

GE will peform contract work in Cincinnati through Nov. 30, 2022.

Video of the Day

Related Articles

President’s FY23 Budget Request Includes $773B for DOD; Lloyd Austin Quoted Financial Reports

President’s FY23 Budget Request Includes $773B for DOD; Lloyd Austin Quoted

President Joe Biden’s fiscal year 2023 budget request includes $773 billion in defense spending and Lloyd Austin, secretary of the Department of Defense and a 2022 Wash100 Award recipient, said the proposed DOD budget would help the Pentagon advance integrated deterrence, carry out operations aligned with priorities and modernize the Joint Force. The proposed DOD

GE Subsidiary Wins $1.6B Air Force Contract to Produce More F-15EX Jet Engines Contract Awards

GE Subsidiary Wins $1.6B Air Force Contract to Produce More F-15EX Jet Engines

A General Electric (NYSE: GE) subsidiary has won a potential $1.58 billion contract to manufacture as many as 329 propulsion systems for the U.S. Air Force’s F-15EX fighter aircraft program. GE Edison Works will initially produce 29 lot 2 F110 GE-129 engines and USAF has options to order the next seven production lots under the

Boeing’s Q2 Defense Revenue Hike Driven by KC-46, P-8 Programs; David Calhoun Quoted Financial Report

Boeing’s Q2 Defense Revenue Hike Driven by KC-46, P-8 Programs; David Calhoun Quoted

Boeing’s (NYSE: BA) defense, space and security business reported $6.87 billion in sales during the second quarter of 2021, reflecting a 4 percent increase from the prior-year period. The company said Wednesday the BDS segment’s revenue jump for the quarter was driven by a higher volume on KC-46A tanker and P-8A Poseidon maritime patrol aircraft