Hamilton Sundstrand Corporation, a subsidiary of United Technologies Corporation (NYSE: UTX), was recently awarded a multi-year Overhaul & Repair contract from the U.S. Army for BLACK HAWK helicopter T700 fuel controls, with initial delivery orders starting in 2012 and covering a period of performance through 2017.
"Hamilton Sundstrand is pleased to be selected to provide maintenance support for its systems on the BLACK HAWK and to build upon its long-standing relationship with the U.S. Army," said Jim Patrick, Hamilton Sundstrand Customer Service vice president and general manager. "This selection illustrates the value proposition offered by our OEM Repair Center network."
The contract is estimated to be worth $46 million over the life of the program.
Source: Hamilton Sundstrand, A United Technologies Company (NYSE:UTX)
Date: Jul 11, 2012