GE Lands $437M Air Force Contract Modification for Engine Risk Reduction Support

General Electric‘s (NYSE: GE) aviation business has received a $437 million contract modification to help the U.S. Air Force implement risk reduction methods for a new propulsion technology.

The company said Monday GE Aviation collaborated with the service branch in efforts to mature cycle engine technologies and architectures as part of the Adaptive Versatile Engine Technology, Adaptive Engine Technology Development and Adaptive Engine Transition Program.

The company has designed and tested three-stream fan configurations, a compressor rig, two full-scale propulsion systems and a three-stream technology demonstrator engine over the past 10 years.

Dan McCormick, general manager of GE’s Advanced Combat Engine Program, said the company will use data from the 10-year design and test effort to help the Air Force move the project into the production and deployment phases.

The AF Life Cycle Management Center awarded the modification on June 29.

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