Rolls Royce wins US Air Force contract worth $2.6b
The company's Indianapolis, Indiana manufacturing unit was awarded a $500.9 million "indefinite-delivery/indefinite quantity" contract over six years for replacement engines for the B-52s, the long-range Stratofortress bombers that have been a mark of US strategic power since the 1950s.
GE's bids included its CF34-10 and Passport engines, while Raytheon's Pratt & Whitney offered its PW800.
The Pentagon says the work will be performed at the Rolls-Royce facility in Indianapolis, where the company says it has invested more than $600M in advanced manufacturing and technology.
Rolls-Royce also could be a beneficiary of Australia's recent switch to nuclear-powered submarines away from a planned purchase of French diesel vessels.