May 1 (UPI) -- The U.S. Army has awarded GE Engineering with a contract for up to 2,500 T700 turboshaft engines at a potential total cost of more than $1 billion, the company announced.
"This is terrific news for GE and serves as continued validation of the unprecedented capability and reliability of the T700," Harry Nahatis, vice president and general manager of GE Aviation, said in a press release.