Honeywell International (NYSE: HON) has secured a $476 million contract to supply T55 turboshaft engines for the U.S. Army’s CH-47 Chinook helicopter fleet .
The service branch is also procuring electronic control units and installation kits from Honeywell through the firm-fixed-price contract, the Department of Defense said Monday.
Army Contracting Command solicited bids for the procurement effort via the internet and subsequently received one offer.
DOD expects contract work to conclude by Dec. 31, 2023.
The T55 engine is designed to generate 4,800 shaft horsepower and power Chinook military cargo helicopters to operate at a speed of up to 196 miles per hour.
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Maddux previously served as vice president of global supply chain at Mercury Systems.
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The satellite company will expand dual-use spacecraft platforms and constellation manufacturing following a Series C round.
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Unanet EVP Chris Crowder, a GovCon Expert, argues that govcons must prioritize enterprise value over revenue growth to build strength.
Claroty Public Sector GM Jen Sovada has explained how a unified platform could help agencies secure cyber-physical systems.
The Army will realign its drone assault battalion, shifting the unit to a core airborne infantry role after an exercise…
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