The combined value of the two contracts, if all options are exercised, would be $496 million.
"These contracts demonstrate our continued success in supporting our customers and the thousands of Rolls-Royce T56 engines powering their operations," said Paul Craig, Rolls-Royce president of Defense Services. "Our mission remains the same: to keep these fleets in the air as their operators require, and we will continue to focus on innovative solutions to provide affordable support for our customers."
The first contract, worth $406 million, is for parts, field and engineering support, and was issued by the Defense Logistics Agency. It has a six-year period of performance and covers T56 engines used on about 1,000 aircraft -- C-130s, P-3s and C-2s -- flown by the U.S. Air Force, Navy, Coast Guard and Customs and Border Control.
The second award came from the Navy and covers engine repairs for the T56 engines used on E-2 Hawkeye aircraft. The five-year contract is renewable annually and is valued at $17 million for the first year.
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