U.S. Army awards GE T700 multi-year production contract

GE Aviation has been awarded a multi-year contract extension from the U.S. Army that provides for the continued production of T700 turboshaft engines in support of both Army and Navy Black Hawk series helicopters through 2014. Under this arrangement, GE will provide its T700 engine family supporting the upgrade of existing aircraft platforms and also ship engines for new installations. If exercised completely, this contract allows for the potential for up to an additional 3,700 T700 engines (-701D/-701E/-401C variants). As a result of this signing, 293 engines ordered in September 2008 have now been defined (deliveries 4th quarter 2008 & 1Q 2009) and three new orders were awarded for 211 engines (deliveries 2009-2011).