U.S. Air Force Awards $975 Million Contracts to GE, Raytheon, Boeing, Lockheed Martin, Northrop Grumman
August 19 2022 - 07:17PM
Dow Jones News
By Kathryn Hardison
General Electric Co., Raytheon Technologies Corp., Boeing Co.,
Lockheed Martin Corp. and Northrop Grumman Corp. were each awarded
contracts of up to $975 million from the U.S. Air Force.
The contracts are for work under the prototype phase of the Next
Generation Adaptive Propulsion program, with a focus on delivering
capability enabling propulsion systems for future air dominance
platforms and digitally transforming the propulsion industrial
base, the U.S. Department of Defense said Friday.
The work is expected to be complete by July 11, 2032.
General Electric's work will be performed in Cincinnati, and
Raytheon will complete its work in East Hartford, Conn. Boeing will
work in St. Louis. Lockheed Martin and Northrop Grumman will
fulfill their contracts in Palmdale, Calif.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
August 19, 2022 19:02 ET (23:02 GMT)
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