GE Wins $1.13 Billion U.S. Army Contract

June 12, 2024, 9:03 PM UTC

General Electric Co. was awarded a U.S. Army contract valued at up to $1.13 billion.

Following is the text from the Defense Department announcement:

General Electric Co. was awarded a $1.12 billion firm-fixed-price contract for T700 series turbine engines. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of June 13, 2029.

Click here for the DOD Announcement Website.

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