Author: Joey Harris|| Date Published: September 10, 2018
United Technologies Corp. (NYSE: UTX) has received a $436.7M contract modification from the U.S. Air Force to execute risk reduction efforts related to air superiority applications of a flight-weight adaptive engine.
The modification falls under a previously awarded contract that covers the design, development, fabrication and test of next-generation propulsion technology, the Defense Departmentsaid Friday.
UTC was initially awarded a potential $1B contract in July 2016 to support the Air Force’s Adaptive Engine Transition Program.
DoD pegs the total cumulative value of UTC’s contract at $1.45B and expects the company to complete its risk reduction work by Feb. 28, 2022.
The Air Force Life Cycle Management Center has obligated $10M at the time of award from the service branch’s research and development funds for fiscal 2018.
The General Services Administration has unveiled the first phase of awards under the Alliant 3 governmentwide acquisition contract, a multiple-award vehicle…
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…