:

Israel MoD Awards Honeywell Joint Venture $735 Million Engine Contract

Friday, September 7th, 2012

SHARE:

International Turbine Engine Company LLC, a joint venture between Honeywell [HON] and Taiwan’s Aerospace Industrial Development Corp., has received a $735 million contract from the Israel Ministry of Defense to supply engines for jet aircraft trainers. Under the contract, International Turbine Engine Company will supply the F124-GA-200 turbofan engines for the MoD’s 30 new Alenia Aermacchi M-346 Master advanced jet trainers. The award includes aftermarket support. “The F124 is a core element of the M-346 platform, giving pilots unrestricted surge-free use of the…

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]

Congress

House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report

The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]

Congress

HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup

The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]

HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs

The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]