United Technologies wins U.S. Air Force contract worth up to $2.46B [Seeking Alpha]
UNITED TECHNOLOGIES (UTX)
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Source: Seeking Alpha
United Technologies wins U.S. Air Force contract worth up to $2.46BUnited Technologies (NYSE:UTX) is awarded a contract worth as much as $2.46B to supply the U.S. Air Force with aircraft parts, the Department of Defenseannounces.The contract exercises the five-year option period of a five-year base contract, with a five-year option period for the Defense Logistics Agency to supply the Air Force depot level repairables and consumable parts.The modification brings the total cumulative face value of the contract to $4.93M, the Pentagon says.Click to subscribe to real-time analytics on UTXNow read:Merger Arbitrage Mondays - September 17, 2018 »Subscribefor full text news in your inbox
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