Author: Jay Clemens|| Date Published: October 5, 2016
Northrop Grummans (NYSE: NOC) technical services business has received two separate contracts worth $54.1 million and $42.3 million from the U.S. Air Force to provide engine overhaul services and logistics support for the KC-10 program.
The company will overhaul 12 KC-10 engines in Vancouver, Canada under the first contract that runs through Sept. 28, 2018, the Defense Departmentsaid Tuesday.
Northrop will also perform logistic support for the KC-10 aircraft and spares under the second contract at Air Force bases located in New Jersey, California, Hawaii, Oklahoma and Japan through the two-year period of performance.
The Air Force guaranteed the contracts full amount at the time of award and used funds from its fiscal 2017 operations and maintenance budget.
The federal procurement landscape is undergoing a major shift to streamline and accelerate the acquisition and implementation of advanced capabilities…