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GE Aviation Secures $259M DLA Contract Option for Airplane Engine Supplies

General Electric's (NYSE: GE) aviation business has secured a $259.4M contract modification from the Defense Logistics Agency to deliver aircraft engine support-related supplies to the U.S. Navy, Air Force and foreign military sales customers.

The agency exercised the three-year option under an eight-year contract, pushing the original award's cumulative value to $892.6M, the Department of Defense said Friday.

GE Aviation will perform work in Ohio through May 31, 2023.

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