Rolls-Royce Gets $9 Million to Maintain USMC MV-22 Osprey Fleet

Before you go, we thought you'd like these...
Before you go close icon

On Wednesday, the Department of Defense announced that it has awarded Rolls-Royce Corp of Indianapolis a $9 million contract "modification" to a previously awarded firm-fixed-price contract. The contract in question  called upon Rolls to evaluate engine performance, and conduct any necessary repairs on AE1107C engines that power the U.S. Marine Corps fleet of MV-22 tiltrotor Osprey aircraft built by the Textron and Boeing joint venture Bell Boeing.

The current modification of the original award hires Rolls to perform engineering services supporting an additional 5,886 flight hours on the USMC's MV-22 fleet, and is expected to run through November 2013.

The article Rolls-Royce Gets $9 Million to Maintain USMC MV-22 Osprey Fleet originally appeared on

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Textron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners