GE Awarded $510 Million Contract from the U.S. Navy
LYNN, Massachusetts--GE Aircraft Engines (GEAE) has been awarded a $510 million performance-based logistics (PBL) contract by the U.S. Navy.
The contract covers repair and overhaul of 36 components for F404-400/-402 rotor and stator assemblies, plus designated controls and accessories. The PBL contract will provide the fleet with availability of major sub-assemblies at a level significantly higher than that offered by traditional support processes.
GEAE will provide material, program management, warehousing and information technology, and the U.S. Navy Depot at Jacksonville, Florida, will provide labor and overhaul expertise.
F404 engines power: the F/A-18 Hornet fighter/attack aircraft of the U.S. Navy and the U.S. Marine Corps. F404-powered Hornets are also in service with the air forces of Australia, Canada, Finland, Kuwait, Malaysia, Spain and Switzerland. In addition, F404 engines power U.S. Air Force F-117 Stealth fighters, and F404 derivatives power Singapore's A-4SU Super Skyhawk, Sweden's JAS 39 Gripen, South Korea's T-50 fighter trainer, and India's Tejas light combat aircraft.
GE Aircraft Engines, a division of General Electric Company (NYSE: GE ), is the world's leading manufacturer of jet engines for civil and military aircraft. GEAE also manufactures gas turbines, derived from its highly successful jet engine programs, for marine and industrial applications. In addition, GEAE provides comprehensive maintenance support, through its GE Engine Services operation, for GE and non-GE jet engines in service throughout the world. Visit GEAE online at http://www.geae.com.