tiprankstipranks
Rolls-Royce awarded $695.34M Navy contract
The Fly

Rolls-Royce awarded $695.34M Navy contract

Rolls-Royce (RYCEY) was awarded a $695.34M firm-fixed price, indefinite-delivery, indefinite-quantity contract. This contract provides sustainment support, program management, integrated logistics support, sustaining engineering, maintenance, repair, reliability improvements, configuration management, and site support for the MV-22, CV-22, and CMV-22, AE1107C engine. Work is expected to be completed by November 2026. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was not competed. Naval Air Systems Command is the contracting activity.

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App