General Electric was awarded a ceiling $3.5B indefinite-delivery/indefinite-quantity modification to a previously awarded contract for technology maturation and risk reduction services for the execution of the prototype phase of the Next Generation Adaptive Propulsion program. Work will be performed in Cincinnati, Ohio, and is expected to be completed by July 11, 2032. No funds are being obligated at the time of award. The Air Force Lifecycle Management Center is the contracting activity.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GE:
- GE Aerospace price target raised to $225 from $200 at BofA
- GE Aerospace price target raised to $235 from $216 at Citi
- GE Aerospace price target raised to $220 from $200 at RBC Capital
- GE Aerospace price target raised to $235 from $215 at UBS
- GE Aerospace price target raised to $210 from $190 at JPMorgan
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue