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GE Awarded $343M F/A-18 Aircraft Engine Support Contract

General Electric (NYSE: GE) secured a potential five-year, $343.5M contract for repair, replacement and program support work on engine components of the U.S. Navy’s F/A-18 A to D aircraft variants.

The performance-based logistics requirements contract has a $77.6M base value for initial work that runs through March 2020, the Department of Defense said Friday.

Naval Supply Systems Command’s weapon systems support unit solicited one vendor for the non-competitive requirement and will obligate funds with each task order.

The contract includes one two-year option and an additional two one-year options.

Eighty percent of work will take place in Jacksonville, Fla., and the remaining 20 percent will occur at various contractor facilities.

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