General Electric wins $2.9B Navy engine contract from DoD
General Electric has secured a $2.87 billion contract from the U.S. Department of War for logistics support of F414 engine components used in the Navy’s F/A-18 E/F/G aircraft. The five-year performance-based contract, with no option periods, will cover 17 components and be executed primarily in Lynn, Massachusetts, with the remaining work taking place in Jacksonville, Florida.
The contract is set to conclude by August 2031, and $198.22 million in fiscal 2026 working capital funds will be committed upon award, with $148.67 million, or 75%, already obligated.
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