Hello, Guest!
  • Friday, November 22, 2024

L3 Subsidiary Lands $79M Contract to Help Manage AETC Trainer Aircraft Base Supply


A subsidiary of L3 Technologies (NYSE: LLL) has secured a $79.4 million contract from the U.S. Air Force to manage and sustain the base supply of T-1A trainer aircraft for the Air Education and Training Command.

L3’s Vertex Aerospace business will support AETC’s fleet of 178 T-1A trainers under the firm-fixed-price contract, the Defense Department said Friday.

Work will occur through June 7, 2018 at four Air Force bases located in Texas, Mississippi and Oklahoma as well as at Pensacola Naval Air Station in Florida.

The Air Force Life Cycle Management Center received three offers for the competitively solicited contract.

Raytheon (NYSE: RTN) built the T-1A jet trainers to support advanced phase training of undergraduate pilots for the operation of airlift or tanker aircraft as well as navigator training for the U.S. and international military customers.

Video of the Day

Related Articles

RTX Posts 12% Sales Growth in Q1 2024; Chris Calio Quoted Financial Reports

RTX Posts 12% Sales Growth in Q1 2024; Chris Calio Quoted

RTX (NYSE: RTX) has reported first quarter 2024 sales of $19.3 billion, a 12 percent increase from the prior-year period, and posted GAAP earnings per share of $1.28, up 32 percent compared to the previous year. In an earnings statement published Tuesday, RTX said it recorded $1.3 billion in gross proceeds from the divestiture of

Srini Dixit Appointed CAE Defense & Security CFO Executive Moves

Srini Dixit Appointed CAE Defense & Security CFO

Srini Dixit was named chief financial officer of CAE‘s defense and security business, joining the Arlington, Texas-located aviation services company from RTX‘s (NYSE: RTX) Raytheon subsidiary where he previously worked as vice president and CFO of its air power strategic business unit. He announced his appointment to the CAE Defense & Security executive leadership team

RTX Names Jeff Standerski as Mission 24 VP at Raytheon Executive Moves

RTX Names Jeff Standerski as Mission 24 VP at Raytheon

Jeff Standerski, an industry executive, has been appointed vice president for Mission 24 at RTX (NYSE: RTX) business Raytheon. He disclosed the move in a LinkedIn post published Monday. In this capacity, Standerski oversees transformation efforts at Raytheon with a focus on advancing program execution and business growth initiatives and improving operational productivity, according to