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GE Wins $242M Army Engine Overhaul Contract

General Electric‘s (NYSE: GE) engine services company won a $242, 386, 898 U.S. Army contract to overhaul aircraft engines, the Defense Department announced Tuesday.

GE will recapitalize T700 and T701D turbine engines under the firm-fixed-price contract.

GE will perform work in Winfield, Kan. and the Pentagon expects GE to complete work by Jan. 30, 2017.

The U.S. Army Contracting Command in Redstone Arsenal, Ala., is the contracting activity.

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