tiprankstipranks
Advertisement
Advertisement

Textron awarded $150.18M Air Force contract modification

Textron (TXT) has been awarded a $150.18M modification to a previously awarded contract for sustaining engineering and program management services for the T-6. The modification brings the total cumulative face value of the contract to $510M ceiling, from $240M ceiling. Work will be performed at Wichita, Kansas, and is expected to be completed by April 12, 2031. FY26 operations and maintenance funds in the amount of $11.83M are being obligated at the time of award. The Air Force Life Cycle Management Center is the contracting activity.

Claim 30% Off TipRanks

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

Disclaimer & DisclosureReport an Issue

1