Hello, Guest!
  • Sunday, December 22, 2024

Collins Aerospace Lands Potential $708M Air Force IDIQ for C-130 Propeller Manufacturing, Engineering Services

Collins Aerospace, a unit of Raytheon Technologies (NYSE: RTX), has secured a potential $708 million contract to manufacture and engineer eight-blade propeller systems for the U.S. Air Force’s military transport planes.

Under the indefinite-delivery/indefinite-quantity contract, Collins Aerospace will supply NP2000 propellers, an electronic propeller control system and initial spares to USAF C-130 program, the Department of Defense said Friday.

The IDIQ award has a firm-fixed-price provision for C-130 production support services, more than $573 million in total options and an initial obligation of $10.8 million.

Work will occur at a Collins Aerospace facility in Windsor Locks, Connecticut.

The NP2000 system provides propulsion for the Lockheed Martin-built (NYSE: LMT) C-130 platform and the Northrop Grumman-made (NYSE: NOC) E-2 airborne early-warning system.

Video of the Day

Related Articles

Northrop Posts 9% Increase in Q1 2024 Sales; Kathy Warden Quoted Financial Reports

Northrop Posts 9% Increase in Q1 2024 Sales; Kathy Warden Quoted

Northrop Grumman (NYSE: NOC) gained $10.1 billion in sales during the first quarter of 2024, up 9 percent from the $9.3 billion it posted in the same period last year, and reported net earnings of $944 million, or $6.32 per diluted share. The company, in a Thursday announcement, attributed the sales growth to higher sales

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile Contract Awards

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile

The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: NOC) will serve as the

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech Contract Awards

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,